The Bank of Japan may raise its inflation outlook for the next fiscal year in forecasts due this month, as rising oil prices exert longer-than-expected price pressures on the economy, four sources familiar with the central bank's thinking said.
Having just raised interest rates last month, the BOJ is expected to keep rates steady at the two-day policy meeting ending on October 30, unless the yen renews its slide that lifts import costs and broader inflation, the sources said.
