bank of japan slashes inflation outlook boosts growth forecast
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Bank of Japan slashes inflation outlook, boosts growth forecast

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Arab Today, arab today Bank of Japan slashes inflation outlook, boosts growth forecast

Bank of Japan
Tokyo - AFP

The Bank of Japan on Wednesday slashed its inflation outlook for the fiscal year starting in April as plunging oil prices dent its efforts to slay deflation, but policymakers boosted their economic growth forecasts, saying the economy was rebounding.
The bank held off fresh easing measures after a two-day policy meeting but said inflation for the year starting in March would come in 1.0 percent, well down from an earlier 1.7 percent forecast, while growth would come in 2.1 percent, up from 1.5 percent.

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bank of japan slashes inflation outlook boosts growth forecast bank of japan slashes inflation outlook boosts growth forecast

 



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