The Bank of Japan may raise its economic growth forecast at the July meeting while keeping interest rates unchanged.
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According to sources familiar with the matter, the Bank of Japan may consider raising its economic growth forecast for the fiscal year ending March next year at this month's policy meeting, while keeping policy rates unchanged. Robust global demand related to artificial intelligence continues to help Japan's economy remain resilient. Officials will consider revising the assessment that economic risks are tilted to the downside. The final decisions on policy and the economic outlook will be made after evaluating all available data and information up to the last moment.
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