Despite an upward revision in the forecast for inflation, the Bank of Japan remains squarely focussed on demand-side drivers of inflation when considering the timing of the next cut. The Bank of Japan (BoJ) left its policy settings unchanged at its July meeting, but revised up its inflation outlook, particularly for FY2025 (ending March 2026). […]The post Upward Revision in Inflation Forecasts Won’t Move the Needle on Rates for BoJ appeared first on Action Forex.