Hotter-than-expected core inflation supports a Bank of Japan interest rate hike in July. The BoJ is expected to deliver a 25 bp hike and then stay put for a considerable time due to high uncertainty surrounding US tariffs.

Core inflation remained more or less unchanged last month, a setback for anyone hoping the Federal Reserve will move quickly to lower interest rates. Cuts are even less likely in the near term because the latest trade negotiations with China should reduce the threat of a U.

The core inflation figure was higher than expectations of 3.4%. Headline inflation climbed 3.6% from a year ago. Japan’s core inflation accelerated to 3.5% in April, government data showed on Friday,

Core prices (excluding volatile food and energy) rose by just 0.06% for the month, with the annual core inflation rate moderating ... will provide critical insights into whether the construction ...

Technically, the Fed targets 2% core inflation relative to a ... "This leaves the U.S. rates market in headline-watching mode for anything further related to the evolution of global trade and insight on how quickly investors might expect progress on ...

According to preliminary data, the core inflation rate accelerated ... and tariffs could give insights into the Fed’s interest rate outlook. Support for a Q3 2025 rate cut may boost demand ...

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank of Canada as it ponders its next rate move.