Japan, Inflation
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On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very top.
By Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan's capital slowed in July but stayed well above the central bank's 2% target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year.
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Japan's Ishiba Says He'll Stay in Office to Tackle Inflation and US Tariffs Despite Election Loss
TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba said Monday he will stay in office to tackle challenges such as rising prices and high U.S. tariffs after a weekend election defeat left his coalition with a minority in both parliamentary chambers and triggered calls for his resignation.
Tokyo inflation eases but remains above target, keeping BoJ rate hikes on the table as USD/JPY reacts to softer data and US durable goods orders loom.
Japan's core inflation slowed in June but stayed above the central bank's 2% target for well over three years, highlighting lingering price pressures that back market expectations for further interest rate rises.
First, are tariffs higher? It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff policy. But one way to measure tariffs is “customs duties,” which is the revenue the government collects from tariffs on imported goods.
Major central banks have hiked their policy rates in the face of surging inflation since the Covid-19 pandemic — but the Bank of Japan has been an outlier. Stream Los Angeles News for free, 24/7 ...
The inflation rate for the Greater Tokyo Area fell back below 3% in July, remaining below the expectations of most analysts surveyed by Bloomberg. The situation regarding rice prices appears to be easing somewhat. The annual inflation rate fell from over 90% in June to just over 80% now, Commerzbank's FX analyst Volkmar Baur notes.