Japan's top FX diplomat: Inflation, wage gains overshooting expectations
The central bank is likely to revise up its inflation forecasts at its two-day policy meeting ending on Friday, Kanda told reporters, adding that he was not in a position to comment on specific monetary policy.
"If you add up data available so far, we'll probably see an upgrade in the BOJ's forecasts," he said. Kanda, who oversees Japan's currency policy, also warned on Friday Tokyo won't rule out any option in addressing any excessive volatility in the yen, which has recently renewed its declines against other currencies.is leaning toward keeping its yield control policy steady this week, though there is no consensus within the bank.
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