Bank of Japan may raise inflation forecast, stand pat on rates, sources say

· economictimes.indiatimes.com

The Bank of Japan plans to slightly upgrade its fiscal year 2027 inflation forecasts this month. Interest rates are expected to remain stable at 1.25% during the upcoming policy meeting in late October. While inflation risks are present, there is no immediate urgency for further rate hikes. Recent data indicates that inflationary pressures are not escalating significantly at this time.

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