Japan Inflation Remains Steady

Japan's inflation rate holds at 1.5% year-over-year Japan's headline inflation rate remained steady at 1.5% year-over-year. The core inflation rate also matched expectations at 1.4%. The data comes as the USD/JPY exchange rate reversed sharply from 161.80 i

Japan’s inflation rate holds at 1.5% year-over-year

Japan’s headline inflation rate remained steady at 1.5% year-over-year.

The core inflation rate also matched expectations at 1.4%.

The data comes as the USD/JPY exchange rate reversed sharply from 161.80 in the US afternoon session on Thursday, with traders divided on the cause.

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