Japan's core inflation hits 16-month high, markets brace for BOJ hike
TOKYO: Japan's core consumer prices rose 3.0 per cent 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.
Following Japan’s CPI inflation data, the USD/JPY pair is up 0.08% on the day at 156.09.
Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that ...
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per ...
TOKYO -- The Bank of Japan (BOJ) on Friday raised its policy interest rate to the highest level in 17 years, marking another ...
TOKYO (Reuters) - Japan's core consumer inflation likely accelerated in December, boosted by higher energy costs, while the ...
Bank of Japan raises rates by 25 bps, its first hike in six months, meeting market expectations. Unlike previous hikes, the ...
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Bank of Japan, Trump Outlooks Churn Asian Stock MarketsAsian stock markets turned in a choppy Friday after Japan's central bank tightened monetary policy, but US President Donald Trump delivered relatively positive commentary regarding China at the World ...
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