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Data from Japan showed Tokyo inflation a touch lower. USD/JPY is back above 146.

Data from Japan showed Tokyo inflation a touch lower. USD/JPY is back above 146.
The 3 data items of inflation from Japan (Tokyo) were published earlier. 2 of 3 dripped a little lower from the previous month while core-core was unchanged at 4%. All 3 remained well above the Bank of Japan's 2% target. All Tokyo area August CPI data comes in way above the 2% BOJ target rate. Again.I mentioned in that post how the Bank of Japan has been insistent that they expect inflation in Japan to soon begin to fall. Forecasters from the bank glag September / October and when the decline is... Read More
Posted: Aug 25 2023, 00:39
Author Name: forexlive
Views: 111784

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