✉news BusinessEconomy first seen 13 h ago, last 6 h ago, peak #37
Tokyo core inflation jumps in September, boosting case for BOJ hikes
Original: Tokyo core inflation rate jumps in September, bolsters case for more BOJ hikes
Tokyo's core inflation rate rose in September, adding to signs that price pressures in Japan remain persistent. As Tokyo data is considered a leading indicator of nationwide inflation, the jump strengthens expectations that the Bank of Japan may raise interest rates again in the coming months, a topic drawing attention among economists and markets.
Why now: The inflation reading raises expectations of another Bank of Japan interest rate hike.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/684565