TOKYO—The recent rise in Japanese prices driven by the yen’s weakness is prompting bullishness at the Bank of Japan over its inflation outlook and generating little sense of urgency to take additional easing measures contrary to the dominant view in financial markets.
The BOJ’s policy board is likely to stick to—or even raise—its forecast on prices for the coming years in a new three-year projection due out next week, according to…
Read more from the original source: BOJ to Stay Bullish on Prices
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