“Increasing attention paid to core CPI while assessing pricing trends.
It is unlikely that the BoJ’s updated pricing predictions will result in a rapid increase in interest rates.”
“Depending on salary prospects, the BoJ may potentially modestly increase its core CPI prediction for the fiscal year 2024.”
According to Reuters, “the Bank of Japan (BoJ) is anticipated to increase its revised quarterly projections for the core Consumer Price Index (CPI) for the fiscal years 2022 and 2023.”
