Express News | Japan's core CPI has been rising year-on-year for 38 consecutive months.
Japan's Cabinet Approves $141 Billion Stimulus to Boost Economy, Offset Living Costs
Be careful, japan has another "black swan" flying out!
Data shows that short positions on the yen are being rebuilt, a dynamic reminiscent of the situation before the collapse of yen arbitrage trades in August.
Inflation exceeded the target again in October, is it time for the Bank of Japan to take action?
The price of rice has reached a new high.
Amid expectations of interest rate hikes, japan's inflation in October remained higher than the central bank's target.
The Japanese government reported on Friday that consumer prices excluding fresh food rose by 2.3% year-on-year in October, lower than the 2.4% in September. This increase was higher than the market's general expectation of 2.2%. The index, excluding energy costs and fresh food prices, rose by 2.3%, higher than the 2.1% in September.
Mitsubishi UFJ: Still expects the Bank of Japan to raise interest rates in January, but does not rule out early action.
Gelonghui, November 22 | Due to comments from Bank of Japan Governor Ueda Kazuo that opened the door for a rate hike in December, the yen strengthened overnight. Nevertheless, Mitsubishi UFJ still maintains expectations for a rate hike in January but does not rule out earlier action. Ueda stated that it is still too early to predict the outcome of the December policy meeting, emphasizing the importance of upcoming data. However, he stressed that exchange rate fluctuations are a factor affecting the economic and inflation outlook of the Bank of Japan, especially given the significant recent depreciation of the yen. Therefore, while Mitsubishi UFJ expects a rate hike in January, it also acknowledges that if the yen depreciates significantly during this period, Japan.