Japan Inflation Hits Four-Decade High, Pressuring Central Bank in 2023

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Japan Inflation Hits Four-Decade High, Pressuring Central Bank in 2023
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Japan’s core inflation rose at the fastest pace in nearly 41 years in November, fueling market speculation that the Bank of Japan would look to tighten monetary policy next year

TOKYO—Japan’s core inflation rose at the fastest pace in nearly 41 years in November, fueling market speculation that the Bank of Japan would look to tighten monetary policy in

2023.Tuesday to raise its cap on a key interest rate, market watchers are split over whether more is coming next year. But they agree inflation will be a key factor in the decision.

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