BOJ may raise 2026 growth forecast, set to hold rates steady as inflation risks stay in focus

A modest upward revision to Japan's growth outlook alongside a lower near-term inflation forecast would be a nuanced signal for yen and JGB markets, since the BOJ is expected to frame any inflation downgrade as a reflection of falling oil prices rather than a softer policy stance. With the central bank still pointing to weak yen pass-through, steady wage gr…

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