The wrong kind of inflation and the effects of the war in Iran complicate the outlook for Japanese interest rates
A more reliable gauge of inflation, the so-called core-core rate that strips out prices of energy and fresh food, stood at 2.5 per cent. A new measure that excludes temporary factors such as government subsidies was slightly higher.
bank of americabank of japanbojbrookings institutioncentral banksglobal monetary policyinflationinterest ratesinternational monetary fundinternational monetary fund (imf)iranjapanjpmorgan chasekazuo uedamacroscopemiddle eastsanae takaichistagflationunited statesus dollar
