Japan core consumer prices up 4.2% in Jan., fastest in over 41 yrs
Core consumer prices in Japan rose 4.2 percent in January from a year earlier, the fastest pace since 1981, due to higher energy and food prices. Excluding volatile fresh food items, the core consumer price index was above the Bank of Japan\’s 2 percent inflation target for the 10th straight month. The impact of further […]
ANALYSIS | Bank of Canada might need to raise rates if companies keep raising prices, Macklem warns | CBC News
[ It may sound like a circular argument, but the only way to stop inflation is to stop companies from raising prices. And the only way to stop that is to get inflation under control. And that could mean an end to the interest rate hike pause. After Tuesday\’s latest release of inflation data, warnings from Bank of Canada governor Tiff […]