5 articles on CPI
The euro-dollar exchange rate has fallen back to 1.1437 after giving up its NFP gains. The market is holding its breath ahead of this week's U.S. inflation report.
Inflation in Tokyo rose in June, driven by energy prices. This acceleration is fueling renewed speculation about monetary tightening by the Bank of Japan.
Official figures for May show that inflation in Japan is under control, but energy subsidies mask very real underlying pressure.
Tokyo's inflation rate in May came in below expectations. The Bank of Japan may reconsider its plan to raise interest rates in June.
Higher-than-expected U.S. inflation is dragging down Asian currencies. The upcoming meeting between Trump and Xi Jinping is putting enormous pressure on the yuan and the yen.