TOKYO, April 30 : The Bank of Japan is projecting core inflation hovering around 3 per cent, well above its 2 per cent target, for two years in a row under a risk scenario of elevated oil prices and a weakening yen, highlighting the economy's vulnerability to an energy shock. While BOJ said the risk of a wage‑price spiral remains limited for now, it warned higher oil costs could increasingly feed through as firms more actively pass on raw material prices, a complete version of its quarterly

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