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Japan's inflation tops forecasts, supporting BOJ rate hike bets | Yoshiaki Nohara, Toru Fujioka & Hidenori Yamanaka

Japan’s benchmark inflation topped estimates in January, supporting the case for the central bank to scrap its negative interest rate in the coming months. Bond yields jumped after consumer prices excluding fresh food rose 2 percent from a year ago, in line with the Bank of Japan’s inflation target. The…

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