ECB Seen Hiking Interest Rates; BOJ May Hold Policy

The video discusses the expected rate hike and its implications on the economy, highlighting cooling trends in manufacturing and core inflation. It also covers potential downward revisions in GDP and inflation forecasts by the ECB, suggesting a possible end to the current rate hike cycle. The Bank of Japan's policies are examined, with a focus on inflation pressures and future meetings.

How are inflation pressures in Japan described in the text?

What is the expected outcome of the BOJ's upcoming meetings regarding inflation?