Looking for Clues to BOJ’s Next Move

The Bank of Japan (BoJ) is set deliver its closely-watched biannual economic Outlook Report at Friday’s monetary policy meeting, which may offer clues about the central bank’s next move.

The Outlook for Economic Activity and Prices report, released in April and October, includes projections for Japan’s real economic growth and inflation rates through fiscal 2016.

With inflation far off from the BoJ’s goal of 2 percent by April 2015, the market will focus on the outlook for consumer prices and whether the central bank will revise its target.

CNBC

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