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Japan (Tokyo) core inflation jumped in October - questions raised about BOJ negative rates

The data is here ICYMI:Japan inflation data - Tokyo area CPI for October headline 3.3% y/y vs. 2.8% priorAnd, yep, the 'core' (i.e. excluding fresh food), came in higher than expected. Reuters have a recap up that's worth checking out:Marcel Thieliant, head of Asia-Pacific at Capital Economics "With services inflation continuing to accelerate, it will take a long time before inflation falls back below the BOJ's 2% target." This article was written by Eamonn Sheridan at www.fore... Read More

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Content Topics

Japan

Tokyo

Core

Inflation

Jumped

October

Questions

Raised

tokyo

Negative

Forex

Posted: Oct 27 2023, 04:00

Author Name: forexlive

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