TOKYO — Core consumer inflation in Japan’s capital accelerated in November and stayed above the central bank’s 2-percent target, data showed on Friday, as price pressures broadened, keeping alive market expectations for a near-term interest rate hike.
The yen jumped after the data, as market players stepped up bets the Bank of Japan (BOJ) would raise short-term interest rates from the current 0.25 percent at its next policy meeting in December.
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