FXStreet (Bali) - BOJ is set to cut its inflation outlook, Nikkei reports, via Bloomberg, noting BOJ will cut FY15 CPI outlook to 0.1% from 0.7%, while also cutting FY2016 to 1.4%. Reuters reported on the likelihood of downgrading both CPI and GDP last Friday. See report here. The BOJ semi-annual report, where these predictions may be confirmed, is due at 6GMT, that is, in just under 15m. For more information, read our latest forex news.