- Bank of Japan meeting summary: more cautious on inflation outlook as wage hikes for next fiscal year likely below this fiscal year
Market news
27 March 2017
Bank of Japan meeting summary: more cautious on inflation outlook as wage hikes for next fiscal year likely below this fiscal year
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Appropriate for BoJ to pursue easy policy as still a long way to 2 pct inflation target
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JGB yield curve remains in line with guidelines for BoJ market operations
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Outlook is stable, given the unchanged very strong credit fundamentals, expectations those strengths will be maintained over medium term
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For 2017, expects growth to accelerate further to 1.5% and close to 2% in 2018
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