🚨🚨🚨BREAKING 🚨🚨🚨
Japan’s CPI beats expectations, coming in at 2.0%, ahead of the Bank of Japan’s (BOJ) interest-rate decision scheduled for September 17.
The BOJ is expected to raise rates from 1.0% to 1.25%; according to Reuters, the authority is now considering more aggressive increases than its current pace of twice a year.
This would put Japanese interest rates at their highest level since the 1990s.
Japan’s CPI beats expectations, coming in at 2.0%, ahead of the Bank of Japan’s (BOJ) interest-rate decision scheduled for September 17.
The BOJ is expected to raise rates from 1.0% to 1.25%; according to Reuters, the authority is now considering more aggressive increases than its current pace of twice a year.
This would put Japanese interest rates at their highest level since the 1990s.