BoJ: Japan's Inflation trend gauge rises at slowest pace in 11 months in March
Source Fxstreet
Apr 23, 2024 05:46
Japan's Weighted Median Inflation Index, a key measure of the country’s trend inflation, rose at its slowest pace in 11 months to 1.3% in March, the latest data published by the Bank of Japan (BoJ) showed on Tuesday.
The rise in the weighted median inflation rate followed a 1.4% increase in February, the BoJ data showed.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press conference.
Japan’s top currency diplomat Masato Kanda is back on the wires on Monday, unwilling to comment again on whether there was FX intervention.
The headline German IFO Business Climate Index came in at 89.4 in April, way higher than the March reading of 87.9.
Related Instrument
