Part of situation:
Japan rate hike, yen slide, yields surge, growth outlook (44 clusters)
Japan's April inflation eases, reducing pressure for a BOJ rate hike
Japan's consumer price index for April fell more than analysts expected, indicating a broader slowdown in price growth. Core inflation also slipped further beneath the Bank of Japan's 2% target, weakening the case for an imminent interest‑rate increase.
The data suggest that the central bank may keep its policy stance unchanged for the time being, pending clearer signs of sustained price pressures.
Sources
Japan Inflation Falls Below BOJ Target as Energy Subsidies Ease Consumer Pressure - EconoTimes
[econotimes.com]
2 months ago
Japan inflation softens more than expected in April, weakening case for BOJ rate hike
[www.cnbc.com]
2 months ago
Japan CPI cools in April; Core inflation falls further below BOJ target
[www.investing.com]
2 months ago