Japan’s core inflation slipped slightly but remained above the Bank of Japan’s 2% target, sparking market excitement over a potential rate hike as policymakers navigate the delicate balance between inflation pressures and economic growth
The OECD warns that the Bank of Canada may have to raise interest rates by up to 1.25% in the event of a full-blown tariff war. This increase aims to combat inflationary pressures stemming from heightened trade tensions, impacting economic stability.