Bank of Japan maintains benchmark rate at 0.75%, warns of inflationary pressures from rising oil prices while projecting core inflation to reach 2% target in second half, with one board member dissenting in favor of rate hike to 1%
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BOJ Holds Key Rate at 0.75%, Warns of Oil Price Impact
Bank of Japan maintains benchmark rate at 0.75%, warns of inflationary pressures from rising oil prices while projecting core inflation to reach 2% target in second half, with one board member dissenting in favor of rate hike to 1%
BOJ Warns of Need to Monitor Impact of Rising Oil Prices on Underlying Inflation
Bank of Japan signals heightened vigilance over oil price surge's potential impact on core inflation trends, marking shift in monetary policy stance
Powell - 'Some of Oil Shock Will Appear in Core Inflation'
Federal Reserve Chair Jerome Powell warns that portions of recent oil price shocks will likely filter through to core inflation measures, signaling potential persistent price pressures
Canada's February CPI rose 1.8% year-on-year, missing market forecasts as base effects from last year's sales tax relief expiration and declining energy prices weighed on inflation, while the Bank of Canada's preferred core measures also showed moderation
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Canada February CPI Rises 1.8% Year-on-Year, Below Market Expectations
Canada's February CPI rose 1.8% year-on-year, missing market forecasts as base effects from last year's sales tax relief expiration and declining energy prices weighed on inflation, while the Bank of Canada's preferred core measures also showed moderation
South Korea's consumer prices rose 2.0% year-on-year in February, maintaining the sixth consecutive month in the 2% range, while core inflation accelerated to 2.3% as personal services and livestock products drove price increases despite falling vegetable and petroleum costs.
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Monetary Policy Board Raises 2024 Core Inflation Forecast from 2.0% to 2.1%
South Korea's Monetary Policy Board has revised its 2024 core inflation outlook upward from 2.0% to 2.1%, signaling persistent price pressures.
Germany’s January CPI Rises 2.1%—Final Reading Matches Preliminary Estimate
Germany’s January CPI rose 2.1% year-on-year, matching the preliminary estimate, with core inflation at 2.5% and food and service prices driving the increase.
BOJ Says Japan's Economy Recovering Moderately—Core Inflation Expected to Rise Gradually
Bank of Japan signals moderate economic recovery and anticipates a gradual increase in core inflation, reinforcing its cautious policy outlook.
BOJ Expects Core Inflation to Fall Below 2% in First Half of This Year
Bank of Japan projects core inflation will remain below its 2% target in the first half of the year, signaling a cautious policy outlook.
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