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Japan Inflation Hits Four-Decade High, Pressuring Central Bank in 2023
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TOKYO—Japan’s core inflation rose at the fastest pace in nearly 41 years in November, fueling market speculation that the Bank of Japan would look to tighten monetary policy in 2023.
After the central bank’s surprise move Tuesday to raise its cap on a key interest rate, market watchers are split over whether more is coming next year. But they agree inflation will be a key factor in the decision.
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Japan Inflation Hits Four-Decade High, Pressuring Central Bank in 2023 wsj.com /1 year ago
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