Japan inflation expert: Central bank's outlook does not reflect reality

Summary：Nuwa Watanabe, professor of economics at the University of Tokyo, said on Monday that although the Bank of Japan sharply increased its inflation forecast last month, it is still very low, possibly due to concerns that it will raise the Bank of Japan's inflation forecast. It will change the negative interest policy. "Using wrong predictions to justify policy would be a huge deviation from the right course of action," said Watanabe. "This needs to be explained properly if you want to prevent the data from making the policy look misleading. This is the right way. #BountyCreator# #ContentStar# #GateioBountyCreator# #NewsMessenger# #HotTopicDiscussion# #MyFancyCreator#