BOJ to upgrade its 3-year economic growth outlook - Nikkei
The Nikkei, Japanese daily, offers a preview on the BOJ policy meeting, noting that the bank is s poised to upgrade its three-year economic growth outlook.
Key Highlights:
At Jan meeting the bank will compile its quarterly outlook on economic activity and prices
The BOJ will forecast its outlook for each of the next three years through fiscal 2018
FY 2017 growth outlooks is expected to be upgraded to the mid-1% range
1.3% for FY2017
0.9% for FY2018
On Inflation:
Consumer prices less fresh food at minus 0.1% in fiscal 2016
1.5% in fiscal 2017
1.7% in fiscal 2018
"Little on the ground has changed since the BOJ last considered its price inflation outlook"
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
