BOJ to revise down forecast for inflation
BOJ to revise down forecast for inflation 8:41 pm, July 13, 2017 The Yomiuri Shimbun The Bank of Japan is preparing to revise downward its inflation forecast for fiscal 2017, it has been learned. Wages have risen due to a labor shortage brought about by the economic recovery. However, many companies remain reluctant to hike prices as consumers continue to spend at low levels. ..