The Bank of Japan will consider moderating its language on inflation in a report this week to take account of the impact of lower oil prices, according to people familiar with central bank’s discussions. The central bank may tone down or abandon its assessment that consumer-price gains are likely to “follow a rising trend again from the second half of this fiscal year,” according to the people who asked not to be named because the talks were private. Some officials see the potential for the BOJ to cut its inflation projections for the year through March and the following fiscal year, the people said. While this adds ... (full story)