News about Inflation

OOPS, stagflationary numbers out of US! US economy expands at 1.6% rate in Q1, trailing all forecasts. Main growth engine – personal spending – rose at a slower-than-forecast 2.5% pace. BUT a closely watched measure of underlying inflation advanced at a greater-than-expected 3.7%… pic.twitter.com/r0Ocl36x32

#Inflation fears are steadily taking over market sentiment. After the combination of lower-than-expected US #GDP growth and higher-than-expected #inflation, markets now expect less than 1.4 rate cuts from the #FederalReserve this year! pic.twitter.com/EV3Xy3wkFK

TOKYO SEES APRIL CORE-CORE CPI DROP BELOW BOJ'S 2% TARGET, FIRST TIME SINCE SEPTEMBER 2022

TOKYO AREA APRIL CORE CPI SEES A YEAR ON YEAR INCREASE OF 1.6%, BELOW GOVERNMENT ESTIMATES (SOURCE POLL: +2.2%)