Sources say that the Bank of Japan will consider raising inflation expectations at its July meeting

According to a report by Golden Finance, three sources familiar with the thoughts of the Bank of Japan said that the bank will consider raising its inflation forecast for the current fiscal year this month, reflecting the continued rise in rice and broader food prices. But sources say that the Bank of Japan is expected to maintain its inflation expectations for the 2026 and 2027 fiscal years, which means it will pause rate hikes and wait for clearer information on how US tariffs will affect the economy.