Bloomberg (October 26)
2015/ 10/ 27 by jd in Global News
“Reality keeps beating BOJ’s inflation forecasts.” According to Bloomberg, the Bank of Japan (BOJ) ranks last or next to last in the accuracy of its forecasts for inflation and GDP when compared to other major central banks. The Bank of Japan has had to lower its inflation estimates for all four years from 2014 and now looks poised to follow suit on Friday with its release of updated inflation forecasts.
