BoJ will likely revise 2026 GDP forecast higher in Q2 report
The post BoJ will likely revise 2026 GDP forecast higher in Q2 report appeared on BitcoinEthereumNews.com. According to sources, the Bank of Japan (BoJ) may revise up the fiscal 2026 economic growth forecast in the quarterly report due in July. The BoJ is expected to report that it will keep focus on the risk of inflation overshooting the central bank’s target, Reuters reports. The sources also stated that the BoJ will keep interest rates unchanged in July but maintain policy guidance pledging to continue raising rates. Market reaction The Japanese Yen (JPY) has not shown an immediate reaction to the headlines mentioned above. At press time, the USD/JPY is down 0.45% to near 169.70 even after recovering some of its early losses. Bank of Japan FAQs The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of aroun