BOJ May Raise Inflation Forecast, Hold Rates Steady, Sources Say
Four sources say the Bank of Japan may lift its inflation outlook for the next fiscal year in forecasts due this month, while leaving rates unchanged. They cite rising oil prices exerting longer-than-expected price pressures.
By Leika Kihara and Takahiko WadaThe Bank of Japan may raise its inflation outlook for the next fiscal year in forecasts due this month, as rising oil prices exert longer-than-expected price pressures on the economy, four sources familiar with the central bank's thinking said.Having just raised int…