The Bank of Japan is considering raising inflation forecasts closer to the 2% target – Nikkei

The Bank of Japan is considering raising inflation forecasts closer to the 2% target – Nikkei

The Bank of Japan is considering raising inflation forecasts closer to the 2% target – Nikkei

TOKYO — The Bank of Japan is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2024, Nikkei has learned, a move that could provide grounds for a pivot away from ultraloose monetary policy.

The proposed changes would show the core consumer price index,

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https://asia.nikkei.com/Economy/Bank-of-Japan-weighs-raising-inflation-forecasts-closer-to-2-target