- November 29th, 2024
Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...