BOJ reportedly considers lowering price outlook for fiscal year 2024 to middle 2% range

<p>In the latest outlook report for October last year, the BOJ noted the projection for prices for the fiscal year 2024 to be at around 2.7% to 3.1%. So, to have it be brought lower back to around the 2.5% mark is not exactly a good show of confidence that they are seeing inflation to be more sticky in the year ahead.</p><p>This all brings us back to this question here: <a href="https://www.forexlive.com/news/can-the-boj-beat-the-inflation-clock-20231205/" target="_blank" rel="follow">Can the BOJ beat the inflation clock?</a></p>

This article was written by Justin Low at www.forexlive.com.