26 June 2023 China+ Monitor Rising Core Inflation is Unlikely to Budge the BoJ's Easy Policy
21st Jun 2023 20:29China+, Weekly Monitor
- Japan’s headline consumer inflation cooled in May, while core inflation ex-energy crept up.
- Stubbornly high core inflation is a result of earlier higher import costs and the weak yen.
- The BoJ is likely to stick to loose monetary policy settings in H2, given the dim global outlook.
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