Japan inflation slows as markets anticipate Bank of Japan rate hike
Japan's inflation slowed due to government subsidies just hours before the Bank of Japan's expected interest rate announcement, while strategists warn of a weak yen if the bank disappoints.
- Japan's inflation slowed for the first time in four months
- Slowdown driven by government subsidies ahead of BOJ meeting
- Strategists at Wells Fargo and Citigroup anticipate potential yen weakness if BOJ is less hawkish