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Bank of Japan May Raise Economic Growth Forecast, Hold Policy Rate at 31-Year High

2026-07-17 08:55:35

According to Jin10, the Bank of Japan is considering raising its economic growth forecast for the fiscal year ending March 2027 (currently 0.5%) at this month's policy meeting while keeping its policy rate unchanged at its highest level since 1995, according to sources. Officials are also expected to reassess the characterization of economic risks as "tilted to the downside," reflecting growing confidence that Japan can avoid severe recession amid sustained global demand related to artificial intelligence.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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