Japan raises inflation forecasts but maintains ultra-easy monetary policy

January 18, 2022 1:27 PM

TOKYO (REUTERS) – The Bank of Japan upgraded its inflation forecasts on Tuesday (Jan 18) and flagged heightening chances the recent commodity-driven price hikes will broaden, the latest sign of its conviction Japan is emerging sustainably out of deflation.

Source : https://www.straitstimes.com/business/economy/japan-raises-inflation-forecasts-but-maintains-ultra-easy-monetary-policy