"BOJ Considers April Policy Shift Despite Recession, US PPI Surges"
TL;DR Summary
The US Producer Price Index (PPI) for January exceeded expectations, rising by 0.9% compared to the anticipated 0.6%, with core PPI, excluding food and energy, also surpassing forecasts. The report suggests potential seasonal adjustments at the Bureau of Labor Statistics (BLS) may be impacting January pricing data, prompting speculation on when to act on this trend.
- US January PPI +0.9% vs +0.6% expected ForexLive
- Unfazed by recession, BOJ keeps April policy shift on table Reuters
- Ueda Mulls Rate Hike in Rare Case of BOJ Facing Scant Opposition Bloomberg
- Japan's Shindo: Specific monetary policy means up to BoJ to decide FXStreet
- Japan Finance Minister Suzuki: weak yen has merits and demerits Marketscreener.com
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