BOJ's new trend gauge shows inflation exceeding target
Inflatie
TOKYO, May 26 : Japan's core inflation as measured by a new central bank gauge accelerated in April and blew past its 2 per cent target, data showed on Tuesday, helping make the case for an interest rate hike as soon as next month. The reading underscored intensifying inflationary pressures in the economy, and comes just after Bank of Japan Deputy Governor Ryozo Himino stressed that central banks must preserve market confidence in their commitment to rein in inflation. "With real interest rates
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