-
Inflation Nation: Japan's Decreasing Inflation And Its Political Impact On USD/JPY
Wednesday, July 19, 2023 - 11:38pm | 326This Friday morning, Japan’s annual inflation rate is set to reveal a fresh decline, catching many off guard, as it unexpectedly dropped to 3.2% in May 2023 from the prior month’s 3.5% peak, missing market forecasts of 4.1%. The slowdown is evident across various sectors, with furniture...
-
Higher Inflation Forecast Keeps Yen Stable Despite Bank of Japan Maintaining Aggressive Monetary Policy
Thursday, July 21, 2022 - 12:13am | 298The Bank of Japan maintained its aggressive monetary policy in its decision announced on Thursday, giving prominence to growth over a weak Yen. The decision was widely expected among economists as Governor Haruhiko Kuroda indicated no signs of moving away from his dovish policy, reports the Japan...