Tokyo Inflation Eases but Remains Above Target, BOJ Signals Gradual Rate Hikes

1 min read
Source: The Japan Times
Tokyo Inflation Eases but Remains Above Target, BOJ Signals Gradual Rate Hikes
Photo: The Japan Times
TL;DR Summary

Tokyo's inflation rate cooled more than expected due to fading food and energy price pressures, leading to a weaker yen as markets anticipate a delay in the Bank of Japan's next interest rate hike.

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