Core inflation cools but pressures for hike persist The Bank of Japan (BOJ) kept its benchmark policy rate steady at 0.5% on Friday, in line with expectations from economists polled by Reuters.
What Happened Japan recorded its highest-ever exports in 2024, while its annual trade deficit shrank 44% from the previous year, according to the Finance Ministry. Key Trade Figures Trade Trends Trump Tariff
Core inflation in Tokyo accelerated in December, fueled by rising utility bills and food prices, while services inflation held steady. These trends are keeping market expectations alive for a near-term interest rate