JAPAN INFLATION SURGES, YEN SLIPS, OIL POSTS STRONG WEEKLY GAIN
Japan’s inflation picked up more than expected in January, with core consumer prices excluding fresh food rising 3.2% year-on-year, marking the sharpest gain since June 2023. The data reinforced expectations for a policy shift from the Bank of Japan, with traders now pricing in an 84% probability of a 25-basis-point hike by July, up from […]
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