BOJ Says Japan Has Made Gradual Progress Anchoring Inflation
The Bank of Japan said Japan has made gradual progress toward anchoring inflation around its 2% target, bolstering the case for raising interest rates.
By Leika KiharaJapan has made gradual progress towards anchoring inflation around the central bank's 2% target, the Bank of Japan said in a report on Monday, bolstering the case for raising interest rates.In reaching its decision, the BOJ weighed up inflation expectations, firms' wage- and price-se…