The yen rose short-term, and the Bank of Japan is reported to be considering raising its core inflation expectations

January 10 news, the dollar against the yen USD/JPY short-term decline extended to 50 points, now at 157.93. Previously, it was reported that the Bank of Japan is considering raising its core inflation forecast for fiscal years 2024 and 2025. Before the January meeting, Bank of Japan officials are still carefully evaluating the data.