IMF says Japan should keep raising rates if inflation data warrants it
WEB1 day ago · 1X. WASHINGTON –. The Bank of Japan should stay data-dependent and continue to gradually raise policy rates in line with inflation data, the International Monetary Fund said on Thursday, adding ...
Japan PM Shigeru Ishiba asks ministers to craft economic relief …
WEB1 day ago · Key Points. Japanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the bite of inflation. “We would need to support people suffering ...
Japan’s central bank survey underpins optimism about growth - AP News
WEB4 days ago · Updated 6:38 PM PDT, September 30, 2024. TOKYO (AP) — Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan” released Tuesday. The Bank of Japan survey put the benchmark index at plus-13 for the July-September quarter ...
Japan Wanted Higher Inflation. It’s Here, and It Hurts.
WEBJul 29, 2024 · In the past few years, Japan saw a burst of inflation, spurred by pandemic supply chain snags and geopolitical shocks, as a way to shake the economy out of a decades-long cycle of weak growth...
Japan’s inflation outpaces US price rises for first time in 8 years
WEBJul 21, 2023 · Headline inflation in Japan rose to 3.3 per cent in June, outpacing the US figure for the first time in eight years and underscoring how Asia’s most advanced economy is no longer an outlier...
Japan Inflation Outlook Jumps, Backing BOJ Case for Rate Hike
WEBJun 27, 2024 · Japan’s 10-year breakeven rate, the yield difference between nominal government bonds and same-maturity inflation-linked securities, rose to 1.598% on Thursday, Bloomberg-compiled data show ...
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
WEBApr 25, 2024 · The yen slid 0.28 per cent on Thursday to ¥155.62 a dollar. It comes only a month after Ueda started to unwind years of unorthodox BoJ policy with an exit from negative interest rates. Further...
Japan core CPI logs fastest rise in 41 yrs in 2023, points to easing
WEBJan 19, 2024 · Japan's core consumer prices rose 3.1 percent last year, marking the fastest pace of increase in 41 years, as the cost-of-living crisis deepened without robust wage growth, although inflation slowed in December, government data showed Friday.
Japanese inflation hit 41-year high in 2023 - Nikkei Asia
WEBJan 19, 2024 · TOKYO -- Japan's core consumer price index climbed 3.1% last year to mark its biggest gain since 1982, official data showed on Friday, driven up by rising food costs and as a weaker yen made ...
Key measure of Japan inflation reaches highest level in 41 years
WEBMar 24, 2023 · An important gauge of Japan’s consumer prices rose at the fastest pace in 41 years in February, increasing the challenges for the incoming central bank governor to steer monetary policy while...