Japan's central bank is likely to consider raising its economic growth forecast at its July meeting while leaving the policy rate unchanged after last month hiking it to the highest level since 1995, according to people familiar with the matter. | BLOOMBERG
Jul 18, 2026
The Bank of Japan is likely to consider raising its economic growth forecast at its July meeting while leaving the policy rate unchanged after last month hiking it to the highest level since 1995, according to people familiar with the matter.
The central bank will probably discuss raising its growth forecast from the current projection of 0.5% for the year ending next March in its quarterly outlook report, the people said, noting that global demand tied to artificial intelligence has helped keep Japan’s economy resilient.
Officials will also consider revising their assessment that risks to the economy are “skewed to the downside,” reflecting emerging confidence that the economy can avoid a serious downturn, they said.
In a time of both misinformation and too much information,
quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
