BOJ


Japan's Tokyo Area CPI (YoY)
2024-11-29

Tokyo CPI Surges in November, Bolstering BOJ’s Next Rate Hike

The Tokyo CPI, a key leading indicator of Japan's inflation, surged significantly in November, according to data released by Japan's Ministry of Internal Affairs and Communications on November 29. Tokyo's CPI rose 2.6% year-on-year in November, marking a sharp increase of 0.8 percentage points fr...

2024-11-01

[News] BOJ Holds Rates Steady, Yet Potential for Future Rate Hikes Grows

The Bank of Japan (BOJ) announced on October 31 that it would keep the policy rate unchanged at 0.25%, meeting market expectations. This decision marks the second consecutive meeting of rate stability following the BOJ’s rate hike in July. In its quarterly outlook report, the BOJ forecast that ...

2024-10-29

[News] Japan’s Tightening Labor Market Continues to Support BOJ Rate Hikes

Japan's labor market continued to show tightness in September, according to data released by the Ministry of Internal Affairs and Communications and the Ministry of Health, Labour and Welfare on October 29. The unemployment rate fell to 2.4%, down from 2.5% in the previous month, while the job-to...

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