BOJ Raises FY2028 Core-Core CPI Outlook
The Bank of Japan’s outlook report raises its FY2028 core-core CPI forecast from its previous level.
Story updates
03:14:21 AM UTC
SquawkNews
The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to forestall mounting inflation risks.At a two-day meeting that ended on Friday, the central bank decided to maintain its short-term p…
03:16:44 AM UTC
SquawkNews
The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to forestall mounting inflation risks.The central bank decided to maintain its short-term policy target at 1.25% by an 8-1 vote. Board…