Published Oct 27, 2026, 2:11 AM ET · Updated 18 days ago · 1 source

BOJ’s Price Trend Indicator Jumps to Above 3%, Backing Hike Case

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BOJ’s Price Trend Indicator Jumps to Above 3%, Backing Hike Case

The Bank of Japan’s gauge of underlying inflation surged to the highest in three years, well above the bank’s 2% target, backing the case for authorities to continue raising interest rates.