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On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very ...
Japan was once known for its low levels of inflation, but the COVID-19 pandemic and the Ukraine war helped reverse the decades-long trend in 2022. Labour shortages have further compounded the problem.
The Bank of Japan kept interest rates steady on Thursday and raised its inflation forecast for the current fiscal year, ...
Core inflation excluding fresh food hit 3.5 percent last month, the internal affairs ministry said, its highest since January 2023 and well up from the 3.2 percent in March.
The central bank held its overnight call rate target steady at 0.5%, where it has remained since its last hike in January.
Since 2022, inflation has skyrocketed to levels Japan hasn't seen since the 1980s – currently 3.4 percent. The policy of cheap credit and money printing was supposed to combat deflation, but it ...
Japan rice crisis shows signs of easing as prices stabilize and stocks return to shelves By Lim Hui Jie, CNBC • Published June 25, 2025 • Updated on June 26, 2025 at 10:33 pm ...
The dramatic rise in rice prices across Japan since August 2024 reveals a troubling paradox. A staple so central to Japanese identity that the word ‘gohan’ means both ‘meal’ and ‘rice’ — a grain that ...
F OR YEARS Japan was a reassuring example for governments. Even as its net public debt peaked at 162% of GDP in 2020, it suffered no budget crisis. Instead it enjoyed rock-bottom interest rates, ...
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump ...