Japan’s Core Inflation Accelerates, BOJ Rate Path …

From Financial Modeling Prep: 2025-04-21 03:14:00

Japan’s March CPI data revealed sticky inflation, with Headline CPI at +3.6% YoY, Core CPI at +3.2% YoY, and Trimmed CPI at +2.9% YoY. All measures surpass the BOJ’s 2% target due to rising food costs and wage expectations.

The BOJ’s rate decisions will hinge on U.S. tariff negotiations, with trade tensions as a crucial variable impacting the policy outlook.

Japanese government bond yields rose post-inflation data, while the Nikkei 225 and TOPIX saw slight declines as investors assess the likelihood of a July tightening.

With persistent inflation and trade dynamics at play, the BOJ faces a challenging balancing act between curbing price pressures and navigating external policy shocks.



Read more at Financial Modeling Prep:: Japan’s Core Inflation Accelerates, BOJ Rate Path …