BOJ to discuss raising fiscal 2024 inflation outlook over 2%

Revision would mean 3 consecutive years of CPI increase above target

20231027N BOJ aerial

The BOJ has sought to guide Japan's economy to a stable level of inflation around 2%. (Photo by Konosuke Urata)

SHIORI GOSO, Nikkei staff writer

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.

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