The BOJ also upgraded its GDP forecast for the 2025 fiscal year to 0.9%, and also raised its GDP projection for the 2026 fiscal year to 1% from 0.7%.
(Corrects name of party mentioned in the third sub-headline from the top to Centrist Reform Alliance, not Central Reform Alliance) By Leika Kihara TOKYO, Jan 20 (Reuters) - Japanese Prime Minister Sanae Takaichi's decision to call a snap general election on February 8 to seek voter backing for her reflationist policies pushed bond yields to multi-decade highs,
Prime Minister Sanae Takaichi’s decision to call a snap Lower House election for Feb. 8 to seek voter backing for her reflationist policies pushed bond yields to multi-decade highs, driven by rising concern over Japan’s worsening finances.