TOKYO -- The currency market is being compared to a hissing volcano ahead of a two-day meeting of Bank of Japan board members who have stubbornly kept the central bank's policy rate at less than zero while their peers around the world fight inflation by aggressively raising interest rates.
The BOJ will release a quarterly update to economic projections among the nine board members after the policy meeting, which will give a clue to the BOJ's view on the durability of inflation. (Nikkei montage/Source photos by Suzu Takahashi and pool)
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