Reported 2 days ago
An indicator of inflation expectations in Japan has reached a record high, which may lead the Bank of Japan (BOJ) to continue raising interest rates, following an increase to 0.5%. The break-even inflation rate surpassed 1.6%, suggesting increased confidence in the BOJ achieving its inflation target. Although Japan's real interest rates remain negative compared to global rates, signs indicate that further rate hikes could occur, particularly as the BOJ adjusts its policies in response to inflationary pressures.
Source: YAHOO