🇯🇵Japan's Inflation Drops: Is the End of Loose Monetary Policies Near?
🟢Inflation in Japan has decreased but remains above the central bank's target, strengthening the possibility of an interest rate hike in the near future:
🟢Japan's inflation rate in October declined compared to the previous month.
Core inflation (excluding food and energy) is still higher than expectations.
Inflation remains significantly above the Bank of Japan's 2% target.
The likelihood of an interest rate hike by the Bank of Japan in the next meeting has increased.
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