Low impact
Japan's September core CPI (ex fresh food) rose 2.1% y/y, up from 1.7% in August, reinforcing market expectations that the BoJ will raise rates 25bps to 1.5% in December, while a hold is expected at next week's meeting.
Jin1010/23, 06:48 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
JPY
Would push up
WeeksMedium confidence
Hotter inflation reinforces expectations of a December BoJ rate hike to 1.5%, supportive for JPY if confirmed.
What could change this
If the BoJ holds beyond next week's expected pause and delays the flagged December hike, JPY support could fade.
USD/JPY before and after this story
156.863+0.07%vs previous close
+0.24%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
10/23, 03:55 AM10/24, 03:55 AM