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.
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Japan August consumer inflation holds near BOJ 2% target
Japan’s consumer prices excluding fresh food rose 1.7% year over year in August, with inflation near the Bank of Japan’s 2% target as the BOJ is widely expected to raise interest rates later in the day.