Core Viewpoint - The Bank of Japan has revised its core CPI forecasts for the fiscal years 2025-2027, indicating a shift in inflation expectations [1] Summary by Relevant Categories Inflation Forecasts - The median core CPI forecast for the fiscal year 2025 is now set at 2.7%, an increase from the previous expectation of 2.2% [1] - For the fiscal year 2026, the forecast has been adjusted to 1.8%, up from 1.7% [1] - The fiscal year 2027 core CPI forecast is now 2.0%, slightly higher than the previous estimate of 1.9% [1]

Core Insights - The Bank of Japan has revised its core CPI forecasts for the fiscal years 2025-2026, with expected median values of 2.2% and 1.7% respectively, compared to previous forecasts of 2.4% and 2.0% made in January [1] Economic Indicators - The core CPI forecast for January was 2.4%, which has now been adjusted to 2.2% for the fiscal year 2025 [1] - The core CPI forecast for January was 2.0%, which has now been adjusted to 1.7% for the fiscal year 2026 [1]

Group 1 - The Bank of Japan's core CPI forecast for the fiscal years 2025 and 2026 is set at 2.2% and 1.7% respectively, down from previous forecasts of 2.4% and 2.0% made in January [1]