Kai Investment Macro: Core CPI in Japan jumps, providing reasons for interest rate hike in December

According to the data from Jinshi on November 22nd, Marcel Thieliant, Chief Economist of Kapitall Macro Asia, stated that the rebound in Japan's basic inflation in October will prompt the Central Bank of Japan to raise interest rates next month. He pointed out that the strong core inflation index, coupled with the recent rebound in consumer spending and the weakening of the yen, has significantly increased the bet on the further interest rate hike by the Central Bank of Japan. Market expectations for a rate hike by the Central Bank of Japan in December have soared from almost 0% a few weeks ago to 60% now.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)