The news claims that the Bank of Japan may raise its economic growth forecast and keep interest rates unchanged.
According to informed sources, the Bank of Japan may consider increasing its economic growth forecast for the fiscal year ending in March next month at its policy meeting, while maintaining the policy interest rate unchanged - the bank had previously raised interest rates to the highest level since 1995. Sources indicated that global demand related to artificial intelligence remains strong, helping the Japanese economy to remain resilient. Officials will also consider revising their assessment of economic risks as "tilted to the downside," reflecting a growing confidence that Japan's economy can avoid a severe recession. The sources stated that officials will make a final decision on policies and economic prospects after evaluating all available data and information up to the last moment.
Latest

