Tokyo inflation accelerated sharply in September, with headline CPI rising from 1.9% to 2.7% y/y. More importantly, core CPI excluding fresh food jumped from 1.8% to 2.7%, beating the 2.4% consensus, while core-core CPI excluding fresh food and energy surged from 2.0% to 3.0%. On a seasonally adjusted monthly basis, headline, core and core-core prices […]
The post Tokyo Core CPI Jumps to 2.7%, Core-Core Hits 3.0% as Price Pressures Broaden appeared first on ActionForex.
Federal Reserve Vice Chair Philip Jefferson said on October 1 that he sees the US economy remaining resilient, but warned that inflation risks are tilted to the upside as higher energy prices, the AI investment Read more…
Minneapolis Fed President Neel Kashkari said in a Reuters interview on October 1 that further rate increases will likely be needed into 2027, while leaving the timing of the next move unresolved. Kashkari said he Read more…
Dallas Fed President Lorie Logan said on October 1 that US policy rates likely need to rise at least another 50bp to become “modestly restrictive” and put inflation more firmly on course toward the Fed’s Read more…