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BOJ to forecast inflation nearing 2 percent target in FY2019, 2020 - sources

Reuters  |  TOKYO 

By Leika KiharaTOKYO (Reuters) - The Bank of Japan will likely maintain its view inflation will reach its 2 percent target next fiscal year and project it will stay near that level the following year, in new forecasts due out next week, sources familiar with its thinking said.But the central bank will reassure markets it is nowhere near an exit from years of ultra-loose policy given risks to the inflation outlook, such as uncertainty on how quickly companies would raise wages to meet labour shortages, the sources said.The projections could heighten the chance the BOJ will debate whittling ...

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First Published: Tue, April 17 2018. 16:44 IST