BOJ may raise 2026 growth forecast, set to hold rates steady as inflation risks stay in focus
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
UOB | Neutral | 163.50 |
UBS | Bullish | 150.00 |
From the original
A modest upward revision to Japan's growth outlook alongside a lower near-term inflation forecast would be a nuanced signal for yen and JGB markets, since the BOJ is expected to frame any inflation downgrade as a reflection of falling oil prices rather than a softer policy stance