BOJ seen upgrading growth outlook for 2018: Nikkei reports

Author: Greg Michalowski | Category: News

Report from Nikkei.


According to Nikkei, the Bank of Japan is seeing upgrading their growth outlook for 2018. 

The upgrade reflects rising exports and solid domestic demand including capital investment.

In October the central-bank projected 1.4% growth for the fiscal year that starts in April.  According to the article the BOJ is expected to raise a figure by 0.1 or 0.2% in the next report.

For the near-term the board is expected to maintain current monetary policy to keep long-term interest rates near zero.

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