Ex-BOJ’s Momma Sees BOJ Cautious About Rate Hike Timing amid Slow Services Price Rise; Not in Position to Act on Weak Yen
–Momma Expects BOJ Rate Hikes in September, January but Warns of Economic Uncertainty–Momma Estimates BOJ’s Own Measure of Underlying Inflation at 1.5%, Still Below 2% Target–Momma: Central Banks Alone Cannot Anchor Inflation; Need Fiscal, Tax Policy Backup for Wealth Redistribution By Max Sato TOKYO (MaceNews) – The Bank of Japan will remain cautious about following […]
Bank of Canada Q2 Survey: Business Outlook Remains Pessimistic amid Weak Demand, High Interest Rates, Leading to Slower Capex
Bank of Canada survey shows inflation expectations down
Japan June Tokyo Core CPI Annual Rate Rises to 2.1% from 1.9% in May on Reduced Utility Subsides; Air Conditioner Prices Up on Hot Weather
Tokyo CPI rises in May
Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers but Divided over How to Proceed on Next Rate Hike
Bank of Japan officials split on next rate hike
Japan May Core CPI Annual Rate Rises to 2.5% from 2.2% in April as Higher Renewable Energy Charge Boosts Utility Bills
Japan core inflation faster in May
Preview: Bank of Canada Set to Cut Policy Rate by 25 Basis Points amid Signs of Easing Inflation, Slowing Economic Activity
By Max Sato (MaceNews) – The Bank of Canada is widely expected on Wednesday to lower its policy interest rate — the target for overnight lending rates — by 25 basis points to 4.75% to help reduce high mortgage rates and other borrowing costs in light of easing inflation and slower economic growth, but some […]
Japan May Tokyo Core CPI Annual Rate Rises to 1.9% on Reduced Utility Subsidies After Falling to 25-Month Low of 1.6% in April due to Free High School Education
Japan CPI accelerates in April, as expected
Japan April Core CPI Annual Rate Eases to 3-Month Low of 2.2% on Smaller Processed Food, Durable Goods Price Gains; Overall Energy Costs Edge Up After Long Drop
–Total CPI +2.5% Y/Y Vs. +2.7% in March Despite High Fresh Food Prices–Core-Core CPI (Ex-Fresh Food, Energy) Annual Rate Eases to 19-Month Low of 2.4% By Max Sato (MaceNews) – Consumer inflation in Japan moderated in all three key measures in April in light of easing food and durable goods markups, offsetting the slight upward […]
Japan April Tokyo Core CPI Annual Rate Falls to 25-Month Low of 1.6% from 2.4% in March as Metropolitan Area Starts Free High School Education
Tokyo CPI falls in April
Japan March Core CPI Annual Rate Eases to +2.6% from 2.8% in February as Expected on Further Slowdown in Processed Food Price Gain; Overall Energy Price Drop Shrinks
Japan inflation slows in March