Japan Week Ahead: Inflationary Pressures Growing amid Weak Yen, Measured BOJ Tightening Pace, Prompting Some Economists to Point to an Early September Rate Hike
By Max Sato (MaceNews) – Upward pressures on both producer and consumer prices are mounting in Japan when only about five years ago policymakers dreamt about seeing the annual inflation rate overshoot the Bank of Japan’s 2% target from around zero. When BOJ board members left the policy interest rate unchanged at 1% at the […]