BOJ may lower economic and price forecasts

japantimes.co.jpPublished: 4/27/2025

Summary

The Bank of Japan may revise its economic forecasts downward following U.S. President Donald Trump's high tariff policies on Japanese products, potentially leading to slower growth and inflation expectations. Despite concerns about economic downturn risks, BOJ officials are likely to maintain current monetary policy while considering adjustments to their fiscal 2025 growth forecast at the upcoming meeting. The central bank expects inflation trends to remain unchanged despite possible delays in achieving its price target.