Tokyo CPI Cools Below BOJ’s Target for First Time Since 2024

Tokyo CPI Cools Below BOJ’s Target for First Time Since 2024



Tokyo CPI Cools Below BOJ’s Target for First Time Since 2024
Tokyo’s core inflation gauge eased to the slowest pace in more than a year as Prime Minister Sanae Takaichi’s utility subsidies curbed household energy costs, posing a communication challenge for the Bank of Japan as it looks to proceed with interest rate hikes.


www.bloomberg.com
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