Japan’s Tokyo CPI slows sharply to 1.6%, raises questions on BoJ’s negative rates exit

Japan’s Tokyo CPI core (ex-food) slowed significantly from 2.1% yoy to 1.6% yoy in January, below expectation of 1.9% yoy. That’s also the lowest rate since March 2022. Additionally, core-core CPI (ex-food and energy) declined from 3.5% yoy to 3.1% yoy, marking a fifth consecutive month of decline. Headline CPI mirrored this trend, falling from […]

The post Japan’s Tokyo CPI slows sharply to 1.6%, raises questions on BoJ’s negative rates exit appeared first on Action Forex.