“The Bank of Japan is likely to cut its core consumer inflation forecast for the coming fiscal year to possibly below 1 percent at a policy review next week, say three sources familiar with its thinking… “The chance of additional easing is heightening. Wage hike negotiations (between labor unions and companies) don’t look promising. Inflation expectations are weakening, too,” said Masamichi Adachi, senior economist at JPMorgan Securities. “We’re not sure whether the BOJ will ease next week or wait a bit longer. But it probably has no choice but to act sometime by mid-year.””