world-economy

BOJ Set to Lift Growth Outlook While Holding Rates Steady

The Bank of Japan is expected to raise its economic growth forecast at this month's policy meeting while maintaining its policy rate at the highest level since 1995, according to officials briefed on the decision. The move reflects confidence in Japan's near-term economic trajectory despite persistent global uncertainties.

Meanwhile, U.S. Federal Reserve officials are signaling a more hawkish stance. Vice Chair Philip Jefferson indicated the central bank should consider rate increases if inflation fails to moderate. Dallas Fed President Logan called this week's inflation data insufficient grounds for policy easing. The divergence between central banks reflects differing assessments of their respective economies.

In parallel, postal operators worldwide face mounting financial pressures. Modest parcel revenue gains fail to offset rising operational costs and declining letter volumes amid competition from private carriers.