Global EconomyIMPORTANT
BoJ reportedly sees little need for consecutive rate rises, may reconsider its assessment of economic risks, according to Bloomberg citing sources
StockNow breaking-news AI analysis
The BoJ plans to raise growth forecasts due to strong AI demand but signals a gradual approach to interest rate hikes, avoiding immediate consecutive increases despite persistent inflation risks.
News detail
It is also likely to raise its growth forecast for this year from its current 0.5% Officials may revise their downside-risk assessment as AI-related demand supports exports, profits and incomes, while faster cost pass-through keeps underlying inflation risks elevated above the 2% target
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