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Japan core inflation slows for second month, takes pressure off BOJ

By Inquirer - 10 months ago
TOKYO  —Japan‘s core inflation stayed above the central bank’s 2-percent target in December but slowed for a second straight month, data showed on Friday, reinforcing expectations it will be in no hurry to phase out its massive monetary stimulus. The data, which matched median market forecasts, highlights receding inflationary pressure from raw material imports and heightens the chance

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