BoJ slashes annual inflation forecast
The Bank of Japan
Tokyo - Muslimchronicle
The Bank of Japan on Thursday cut its annual inflation forecast as it struggles to end years of on-off deflation, but held steady on monetary policy.
In its quarterly outlook, the central bank said it now expects core consumer prices to rise 1.1 percent in the fiscal year to March, down from the 1.4 percent previously forecast.
source: AFP
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