Inflation outlook is expected to be lifted to reflect Iran energy shock
Crude oil prices are expected to keep Gov. Kazuo Ueda’s Bank of Japan from raising interest rates on April 28. (File photo by Kazuho Fujiwara)Â
TOKYO — The Bank of Japan is expected to leave its policy rate unchanged at 0.75% next week as it seeks more time to assess the economic impact of disruptions to Middle East oil supplies following the conflict between the U.S., Israel and Iran.