BOJ Governor who ended stimulus reveals why 2.5% inflation changes everything for traders
Key Points
- Japan's core inflation reached 2.5% in September, exceeding ...
Japan's core inflation just hit 2.5% in September, which is like showing up fashionably late to a 2% party - everyone notices you're overdressed for the occasion. The Bank of Japan has been trying to hit that sweet 2% target for years, and now that they've sailed past it, they're probably experiencing that classic "be careful what you wish for" moment.
The September consumer price index data dropped today, and it's telling a story that's got the BOJ scratching their collective heads. Food prices are absolutely sprinting at 6.9% inflation, making your grocery bill look like it's training for t...
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