Sources said the Bank of Japan will consider raising inflation expectations at its July meeting
Online reported that three sources familiar with the Bank of Japan's thinking said the Bank of Japan will consider raising its inflation forecast for the current fiscal year this month, reflecting continued rise in rice and broader food prices. But sources said the Bank of Japan is expected to broadly maintain its inflation expectations for fiscal years 2026 and 2027, which means the Bank of Japan will suspend interest rates and await clearer news on how U.S. tariffs will affect the economy.
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