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The inflation data from Japan today is going to reignite speculation of BOJ policy change

The May inflation data from Japan is here:Japan CPI for May, headline 3.2% y/y vs. 3.5% priorIt shows the core-core rate inflation, which removes both fresh food and fuel and is closely watched by the BOJ as a key barometer of underlying domestic demand-driven price trends, hit a 42-year high at 4.3%.The core reading, which removes fresh food but leaves in energy prices, stayed above the Bank's 2% target for the 14th month in a row. Inflation above target for over a year has already sparked talk... Read More

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Inflation

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From

Japan

Today

Going

Reignite

Speculation

Policy

Change

Forex

Posted: Jun 23 2023, 00:29

Author Name: forexlive

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