Japan Inflation Returns Above 2% Target, Strengthening Case for Further BOJ Rate Hikes

Japan’s core consumer inflation accelerated above the Bank of Japan’s 2% target in September for the first time in nine months, strengthening expectations that the central bank will continue raising interest rates as energy costs, yen weakness and demand linked to artificial intelligence add to price pressures. Government data released on Friday showed that the […]

The post Japan Inflation Returns Above 2% Target, Strengthening Case for Further BOJ Rate Hikes appeared first on Tekedia.