Corecore inflation in Japan drops to 2.1%: BOJ trap
Japan's corecore inflation fell to 2.1% in May, masking sticky 2.7% headline rates. I explain why this gap forces the BOJ to pause.
Sofia Mendes
12 min read
Japan's corecore inflation fell to 2.1% in May, masking sticky 2.7% headline rates. I explain why this gap forces the BOJ to pause.
Sofia Mendes
12 min read
USD/JPY targets 161.95 as the Strait of Hormuz stays closed. With Japan's growth slashed to 0.5%, intervention lacks real liquidity to stop the trend.
Aisha Rahman
14 min read