Japan core inflation holds near BOJ’s 2% target in August
Japan’s core consumer inflation held steady near the BOJ’s 2% target in August, reinforcing expectations for a near-term rate hike ahead of the bank’s decision.
Japan’s core consumer inflation held steady near the central bank’s 2% target in August, data showed on Friday, underscoring rising price pressures that strengthen the case for a near-term interest rate increase. The data were released hours before the Bank of Japan was due to conclude…