BOJ considering raising inflation forecasts to near 2% target – Nikkei – by anilpanchal7 BOJ NewsTrading RiskAppetite USDJPY
Citing people familiar with discussions at the central bank, Nikkei said the proposed changes would show the core consumer price index rising around 3% in fiscal 2022, between 1.6% and 2% in fiscal 2023, and nearly 2% in fiscal 2024.as it increases the odds of the Bank of Japan’s monetary policy tightening. That said, the Yen pair dropped heavily in the last two days, around 131.30 by the press time.
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