Japan inflation exceeds BOJ target, supporting December rate hike

Briefing by News4U · First published

Japan’s key price gauge rose above the Bank of Japan’s target for the first time this year.

Bloomberg reported that Japan’s key price gauge rose above the Bank of Japan’s target level for the first time this year, supporting the case for a widely expected BOJ interest rate hike in December. [1]

Sources

  1. Japan Inflation Rises Above BOJ Target, Backing Rate Hikes

    Bloomberg · · Summary only

Link to this briefing · Back to news