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.
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 ...
Investing.com-- Japanese consumer price index inflation grew as expected in December, remaining well above the Bank of Japan’s target range and setting the stage for an interest rate hike by the ...
The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day.
TOKYO (Reuters) - Japan's core consumer inflation likely accelerated in December, boosted by higher energy costs, while the ...
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 ...
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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