According to reports from Jinshi data, three sources familiar with the Bank of Japan's thoughts said that the Bank of Japan will consider raising its inflation forecast for the current fiscal year this month, reflecting the ongoing rise in rice and broader food prices.
Sources said that the Bank of Japan is expected to roughly maintain its inflation expectations for the fiscal years 2026 and 2027, which means that the Bank of Japan will pause interest rate hikes and wait for clearer information on how U.S. tariffs will affect the economy.