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BOJ to predict inflation falling short of its target for three years: sources

From reuters.com

The Bank of Japan is expected to forecast next week that inflation will remain below its 2 percent target through the fiscal year that ends in March 2022, sources say, a sign its massive stimulus will stay in place for the foreseeable future. The estimate highlights the dilemma the BOJ faces as subdued inflation forces it to maintain its ultra-easy policy, even as years of near-zero interest rates strain financial institutions. In quarterly projections due next week, the central bank may slightly cut its growth and price forecasts for the current fiscal year, ending in March 2020, due to headwinds from slowing ... (full story)

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  • Category: Fundamental Analysis