Within the newest outlook report for October final yr, the BOJ famous the projection for costs for the fiscal yr 2024 to be at round 2.7% to three.1%. So, to have it’s introduced decrease again to across the 2.5% mark just isn’t precisely present of confidence that they’re seeing inflation to be extra sticky within the yr forward.
This all brings us again to this query right here: Can the BOJ beat the inflation clock?
This text was written by Justin Low at www.forexlive.com.
