BOJ keeps policy unchanged, cuts CPI forecasts
January 20, 2015 at 22:49 PM EST
The Bank of Japan has cut its core consumer inflation forecast for fiscal year 2015/ 16 to 1 percent from an earlier projection of 1.7 percent, the central bank said in a quarterly review of its long-term projections issued on Wednesday. The BOJ made the projections as it announced its monetary policy decision, pledging to increase the monetary base at an annual...