BOJ Keeps Policy Unchanged, Trims Inflation Goal

The video discusses the fiscal year 2017 CPI forecast, noting a reduction from 1.7% to 1.5% and a delay in achieving the 2% target. The cautious language suggests uncertainty in meeting this target by March 2019. The impact of BOJ leadership on inflation is also examined, highlighting weaker momentum towards the inflation goal.

What is the significance of the April 2018 date mentioned in the text?

What does the BOJ's recent outlook indicate about the momentum towards meeting its inflation target?