BOJ Governor reveals why 2.5% inflation won't trigger rate hikes yet
Key Points
- Tokyo's core inflation dipped from 2.9% to 2.5%, still above...
Japan's inflation data dropped like a polite bow – respectfully, but not dramatically. Tokyo's core inflation slipped from 2.9% in July to 2.5% in August, marking three months of gentle cooling. Yet somehow, this still counts as "hot" by Bank of Japan standards, sitting comfortably above their 2% target like an overachieving student who can't help but excel.
The Great Inflation Balancing Act
Governor Kazuo Ueda finds himself in the economic equivalent of walking a tightrope while juggling flaming torches. On one hand, inflation remains stubbornly above target – the BOJ's preferred measur...
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