Japan inflation boj

Japan’s core consumer inflation accelerated in January, reaching 3.2% year-on-year—its fastest pace in 19 months—according to data released earlier: Japan January Core CPI 3.2% y/y vs. 3.1% expected The stronger-than-expected increase reinforces expectations that the Bank of Japan (BOJ) may continue raising interest rates as inflationary pressures persist. Price rises appear to be moving in…