Data reinforces BOJ's readiness for further rate hikes
1 Sep 27 8:29 PM · 2d ago · 5 articles · 2 sources · development 1 of 1
The Bank of Japan's inflation gauge data, released on September 28, underscores mounting price pressures in the service sector. The BOJ raised interest rates to 1.25% earlier this month and signaled its readiness to push borrowing costs higher to prevent inflation from overshooting its target.
“A key gauge of Japan's service-sector inflation rose in August at the fastest annual pace in more than two years, highlighting mounting price pressures that will keep the central bank on track for further interest rate hikes.”
Bank of JapanBank of Japan Central bank
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first by ANI News, 2d ago · also Firstpost, Investing.com News, Channel News Asia, Reuters
2 more headlines
- Japan’s service inflation hits 2-year high: Why it matters for BOJ rate hikes Firstpost · 2d ago
- Japan’s corporate services inflation hits 2-year high Investing.com News · 2d ago
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