japanese inflation

As expected, the BOJ kicked off the year by keeping its monetary policy unchanged.  However, bulls were once again dealt a blow as the bank slashed its inflation forecast yet again. This is now the fourth consecutive downgrade to the…

The latest Japanese inflation data did little to inspire hope in a change-of-course for BOJ policy anytime soon. Core inflation, which strips out energy and food prices for December grew just 0.7% year on year. This data was down from the…