0304 GMT - The yen is mixed against other G-10 and Asian currencies, but may strengthen on prospects of more BOJ rate increases spurred by the BOJ's tankan report released earlier. The tankan showed Japanese enterprises raised their inflation outlook for one year, three years, and five years ahead, by 0.1 percentage point over each horizon, two economists of Barclays' FICC Research say in a research report. For five-year horizon, "this marked an 11th consecutive quarter above 2%, suggesting corporate inflation expectations are being anchored above that level," the economists say. "Such expectations will support any monetary policy normalization by the BOJ going forward," they add. USD/JPY edges 0.1% lower to 149.82; GBP/JPY is steady at 193.76. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 31, 2025 23:04 ET (03:04 GMT)
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