Sources: BoJ said to cut inflation outlook next week – Reports

Dhwani Mehta FXStreet

The latest reports are doing the rounds, quoting 'people familiar with the matter', as saying that the Bank of Japan (BoJ) is said to cut the inflation forecasts in its economic outlook report that will be published alongside the monetary policy statement when the central bank’s two-day monetary policy review meeting concludes on January, 23^rd.

The sources said that there will be no changes to the monetary policy settings while adding that the downward revision to the CPI forecasts will be on account of falling oil prices.

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.

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