Tokyo Core Inflation Exceeds BOJ’s 2% Target in October
Annual core inflation in Japan’s capital well exceeded the Bank of Japan’s 2% target in October, data showed, ahead of the BOJ’s policy announcement.
By Leika KiharaAnnual core inflation in Japan's capital well exceeded the central bank's 2% target in October, data showed on Friday, highlighting mounting price pressure and cementing the case for further interest rate hikes.The data came ahead of the Bank of Japan's policy announcement later on F…