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Reuters quoted unnamed sources, as saying that the Bank of Japan (BoJ) may concede inflation could fall short of its target for up to three more years at its July 30-31 meeting.

Additional Headlines:

The view may emerge from the BoJ’s meeting on 30 to 31 July later this month.

BoJ may also point to structural factors that may weigh on inflation for years.

BoJ will consider cutting not its price forecasts up until fiscal year ending March 2021.