Core inflation likely to gradually slow towards year-end – BOJ quarterly report

<ul><li>Japan's economy is likely to continue recovering moderately for the time being</li><li>The rate of increase in CPI is likely to decelerate</li><li>But it is projected to accelerate again moderately as the output gap improves and as
medium- to long-term inflation expectations and wage growth rise</li><li>There are extremely high uncertainties for Japan's
economic activity and prices</li><li>The balance of risks to economic activity are skewed to the downside</li><li>Risks to prices are skewed to the upside</li><li><a href="https://www.boj.or.jp/en/mopo/outlook/gor2307b.pdf" target="_blank" rel="nofollow">Full report</a></li></ul><p>Here are the changes in estimates made by BOJ policymakers as compared to their previous report in April:</p>

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