Inflation in Japan's Capital Accelerates, Keeps Rate Hike Prospects Intact

JAPAN - TOKYO. Core inflation in Japan's capital accelerated in December as price pressures broadened, data showed on Friday, keeping alive market expectations for a near-term interest rate hike.

The data will be among factors the Bank of Japan (BOJ) will scrutinise at its next policy meeting on Jan. 23-24, when some analysts expect it to hike short-term interest rates.

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