The Bank of Japan may raise its economic growth forecast and keep interest rates unchanged at its July meeting
According to insiders, the Bank of Japan may consider raising its economic growth forecast for the fiscal year ending in March next year at this month's policy meeting, while keeping policy interest rates unchanged. Global demand related to artificial intelligence continues to be strong, helping the Japanese economy maintain resilience. Officials will consider revising their assessment of economic risks leaning towards a downward trend. Officials will make final decisions on policies and economic prospects after evaluating all available data and information up to the last minute.