Japan's core inflation fell to 3% in February but this was above the market estimate of 2.9%. Headline inflation fell to 3.7% from 4%, lower than the market estimate of 4.2%.
The Bank of Japan is expected to continue raising rates, most likely in June or July. In the US, New York Fed President Williams said that monetary policy was in the right spot, given the risk of higher inflation and lower growth.
24-03-2025 13:30 GMT
by Kenneth Fisher