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Economy

Japanese inflation rises as rate decision approaches

Japanese inflation has risen as the Bank of Japan weighs an interest-rate increase in September, the Financial Times reported. The central bank faces pressure to act while the yen remains weak despite a joint currency intervention. The combination leaves policymakers balancing higher prices against the consequences of tighter borrowing conditions.

Why it matters

A Japanese rate move could affect the yen, domestic demand and global markets that rely on low-cost borrowing in the currency.

Sources

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