USD/JPY -Jokesters of BoJ
Updated
Japan's consumer prices rose 4 % in December from a year earlier,
a level not seen since December 1981, fueled in part by higher energy bills, government data showed Friday .
The acceleration came after a 3.7 % increase in prices in November, as the data from the internal affairs ministry showed inflation for the
2022 calendar year stood at 2.3 % .
The figures were released days after the Bank of Japan again opted to leave its ultra-easy monetary policy intact,
bucking the trend set by other central banks that have hiked rates to tackle rising prices.
December's numbers was well below the still sky-high levels that have sparked concern in the United States, Britain and elsewhere,
but it far exceeds the Banks of Japan's long-standing inflation goal of 2 % .
By 2025, speculation of forecasters sits on finding out Japanese Yen at an average of 142.5 valued against US Dollar.
a level not seen since December 1981, fueled in part by higher energy bills, government data showed Friday .
The acceleration came after a 3.7 % increase in prices in November, as the data from the internal affairs ministry showed inflation for the
2022 calendar year stood at 2.3 % .
The figures were released days after the Bank of Japan again opted to leave its ultra-easy monetary policy intact,
bucking the trend set by other central banks that have hiked rates to tackle rising prices.
December's numbers was well below the still sky-high levels that have sparked concern in the United States, Britain and elsewhere,
but it far exceeds the Banks of Japan's long-standing inflation goal of 2 % .
By 2025, speculation of forecasters sits on finding out Japanese Yen at an average of 142.5 valued against US Dollar.
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