TOKYO -- The Bank of Japan is likely to raise its consumer price index outlook for fiscal 2024 to the 2% growth range when its policy-setting board meets next week, moving closer to its goal of stable and sustainable price increases.
Revision would mean 3 consecutive years of CPI increase above target

The BOJ has sought to guide Japan's economy to a stable level of inflation around 2%. (Photo by Konosuke Urata)
TOKYO -- The Bank of Japan is likely to raise its consumer price index outlook for fiscal 2024 to the 2% growth range when its policy-setting board meets next week, moving closer to its goal of stable and sustainable price increases.