In the Nikkei over the weekend, an article saying that the Bank of Japan is expected to downgrade its inflation forecast
- The bank's most recent forecasts (contained in its quarterly economic and price outlook, published in July) are for 1.7% for fiscal 2017
- At the next meeting, coming up on October 31 - November 1, the new forecast is expected to be in the "low- to mid-1% level" according to the article
- It cites slow wage growth as a factor behind slow inflation
