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The Bank of Japan raised its policy rate by 25bp from 1.00% to 1.25%, its highest level since 1995, but the 7–2 vote exposed a widening political and policy divide over further normalization. The increase, Read more…
Japan’s headline CPI was unchanged at 1.9% y/y in August, while the seasonally adjusted index was flat on the month. CPI excluding fresh food slowed from 1.8% to 1.7% y/y, undershooting the 1.8% consensus and Read more…
Key insights from the week that was. As expected, after last week’s US CPI confirmed an unwelcome degree of persistence in consumer inflation, the FOMC voted to raise the fed funds rate by 25bps to Read more…