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MNI STATE OF PLAY: BOJ To Cut FY18 Infla........>

BOJ
BOJ: MNI STATE OF PLAY: BOJ To Cut FY18 Infla Forecast; MonPol Unch
- Following weaker than expected inflation outcomes in the April-September
period, the Bank of Japan board will likely slightly lower the median inflation
forecast when it meets On October 30/31, revising it downwards from the 1.1%
forecast in July, MNI understands. Despite the expected downward revision to the
inflation rate forecast and concern over disaster-driven weak economic activity
in the third quarter, the BOJ board will likely stand pat on monetary policy at
the meeting.
- For full story see MNI Main Wire at 05:15 BST 10/22, or contact us for full
access.

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