BOJ expected to forecast FY 2021 inflation will be under 2% targetChristian Fernsby ▼ | April 25, 2019
The Bank of Japan began a two-day policy meeting where it is expected to forecast that nationwide consumer price growth in fiscal 2021 will come in under its 2 percent inflation target amid uncertainty over the global economy.
Asia The Bank of Japan began a two-day policy meeting
Amid slow wage growth, prices in Japan remain tepid and core consumer prices, excluding fresh food items because of their volatility, only rose 0.8 percent in March from a year earlier. ■