BoJ to project inflation to fall short of 2% target through year ending in Mar 2022

Eren Sengezer FXStreet

Citing sources with direct knowledge of the matter, Reuters recently reported that the Bank of Japan was likely to revise its inflation forecast to say that it was now expected to fall short of its 2% target through the year ending in March 2022.

Key quotes

Likely to project inflation in fiscal 2021 to move above 1.5pct but fall short of 2pct.
May slightly cut economic growth, inflation forecasts for fiscal 2019.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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