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

Rising oil prices may push the central bank to lift its fiscal 2027 inflation view, while analysts see another rate hike possible by December.

Summary by Channel News Asia
TOKYO, Oct 20 : The Bank of Japan may raise its inflation outlook for the next fiscal year in forecasts due this month, as rising oil prices exert longer-than-expected price pressures on the economy, four sources familiar with the central bank's thinking said.Having just raised interest rates last month, the

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

·London, United Kingdom
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WTVB broke the news on Tuesday, October 20, 2026.
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