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Economy

progree

(11,776 posts)

1. The article doesn't give a clear indication why, but I guess this is it:

Reply to mahatmakanejeeves (Original post)

Wed Jul 31, 2024, 02:08 PM

Jul 2024

The central bank forecasts that the core inflation rate — which strips out prices of fresh food — will reach 2.5% by the end of the 2024 fiscal year, and "around 2%" for the 2025 and 2026 fiscal years.

"which strips out prices of fresh food" -- interesting. Our (U.S.) core strips out all food and all energy.

I noticed another article headline that says they are trying to stop the Yen from falling relative to the dollar.

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Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program [View all] mahatmakanejeeves Jul 2024 OP

The article doesn't give a clear indication why, but I guess this is it: progree Jul 2024 #1