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Breaking Posted 3 hours ago

Japan CPI hits 1.7% YoY, matching forecast; inflation holds steady

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Japan's nationwide CPI rose to 1.7% YoY in July, matching consensus expectations but marking a 20-basis-point increase from June's 1.5%. The print confirms persistent inflation pressure in Japan's economy. USD/JPY and other yen pairs face potential volatility as traders reassess BoJ rate-path expectations amid disinflationary global backdrop.
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