Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike
· economictimes.indiatimes.com
Tokyos core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.
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