BoJ maintains ultra-loose monetary policy to drive economic growth, Yen remains surprisingly resilient waiting for cues on how BoJ will exit loose policy.
Boomeranged on Wed, 10 Jan 2024 00:56
The Tokyo Consumer Price Index (CPI) inflation rate decreased to 2.4% Y/Y in December, the lowest since June 2022, down from 2.6% in November. Minimal increases in fuel and food prices, along with a stronger Japanese Yen, contributed to this slowdown. With inflation slowing rapidly and spending still precarious, loose policy is expected to persist. Read the full details in the discussions.
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