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Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels.
Japan’s core inflation rate surges to 16-month high of 3% in December
Japan's core consumer price index—which includes gasoline prices but does not include fresh food—rose 3% annually in December, reaching its highest level since August 2023, up from 2.7% in November and matching consensus.
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.
Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
URGENT: Japan's core consumer prices in Dec. rise 3.0% on year
Japan's core consumer prices in December rose 3.0 percent from a year earlier, government data showed Friday. The increase in the nationwide core consumer price index, excluding volatile fresh food, followed a 2.
1d
on MSN
There is more confidence that Japan is getting to sustainable inflation: Goldman Sachs
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, says the Bank of Japan is in an "opportune place" to take its ...
2d
on MSN
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a ...
The Economist
2d
Has Japan truly escaped low inflation?
If the Bank of Japan had behaved in a similar manner to its G 10 peers, notes Tim Baker of Deutsche Bank, the country’s ...
2d
on MSN
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
2d
on MSN
Japan raises interest rates to highest level in 17 years
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its ...
1d
Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
4d
Bank of Japan expected to raise rates on Friday with inflation and wages ‘on path’
The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.
3d
on MSN
Japan’s exports hit record high, but trade deficit continues
TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the ...
2d
Japanese yen rallies, bond yields climb after BOJ hikes rates
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan ...
1d
Bank of Japan hikes interest rates to highest level in 17 years
The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to ...
2d
on MSN
Bank of Japan Must Weigh Trump Trade Threats as it Tightens Policy
The Bank of Japan kicked off a global market selloff last time it raised interest rates. The likely rate increase this week ...
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