
Japan Core Inflation Holds at 1.7% as Central Bank Prepares Rate Increase
Price growth excluding fresh food ran below the 2 per cent target for an eighth consecutive month in August while underlying demand pressures reached 1.9 per cent.
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Price growth excluding fresh food ran below the 2 per cent target for an eighth consecutive month in August while underlying demand pressures reached 1.9 per cent.

The central bank kept its benchmark discount rate at 2 percent for a tenth consecutive quarter while raising second-home loan ceilings to 70 percent.

A seven to three majority vote keeps Pakistan’s key rate steady as headline inflation climbed to 11.1 per cent in August.

Economists forecast Japanese benchmark borrowing costs will reach 1.75 percent by mid-2027 as joint currency intervention eases political hurdles for monetary tightening.

Foreign funds bought 9.5 billion yuan of Chinese sovereign debt in July for a third straight month as weak domestic consumer spending and factory output fuel rate-cut expectations.

The 25-basis-point increase comes despite second-quarter economic growth slowing to 2.3 per cent.

Japanese government bond yields are rising due to concerns over proposed budget reforms by Liberal Democratic Party executive Sanae Takaichi and potential shifts in US monetary policy. This movement could impact capital costs across Asia.
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