Tokyo inflation decreases, USD/JPY dips slightly, potential impact on future BOJ rate decisions

From Investing.com: 2025-06-27 09:41:00

The Japanese yen has risen slightly, trading at 144.57, up 0.16% on Friday. Tokyo Core CPI fell to 3.1% y/y in June, below expectations. This was the first drop since February, driven by fuel subsidies and lower water charges. Despite this, inflation remains above the BOJ’s 2% target. The US Core PCE Price Index rose to 2.7% y/y in May, higher than expected. This may influence the Fed’s decision to keep rates unchanged in July. BOJ Governor Ueda is monitoring wage growth for future rate decisions, amidst global trade tensions and stalled US-Japan talks. Japan has rejected US tariffs on cars.



Read more at Investing.com: USD/JPY Dips as Tokyo Inflation Cools, Yet BoJ Remains on Alert