Japan core inflation climbs to a 16-month high, boosting case for rate hikes

• Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play

  The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
  
  CNBC - 4h

• Bank of Japan is expected to hike rates this week, CNBC survey shows

  Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.
  
  CNBC - 2d

• Trump to inherit 5-month high inflation rate

  President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...
  
  CBS News - Jan. 15

• Core inflation rate slows to 3.2% in December, less than expected

  The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.
  
  CNBC - Jan. 15
• 

  Surprise fall in inflation boosts interest rate cut hopes

  Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.
  
  BBC News - Jan. 15

• India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

  The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
  
  CNBC - Jan. 13

• ECB’s chief economist warns of too-low inflation if rates stay high

  Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’
  
  Financial Times - Jan. 13

• Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

  “Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.
  
  MarketWatch - Jan. 8
• 

  German inflation rate climbs to 2.6% in December

  Yahoo News - Jan. 6

More from CNBC

• Constitutional amendment to allow Trump third term introduced in the House

  President Donald Trump has hinted at the possibility of somehow serving a third term in office.
  
  CNBC - 6h

• Trump signs executive order promoting crypto, paving way for digital asset stockpile

  President Donald Trump signed an executive order on Thursday that could set the stage for developing a national digital asset stockpile.
  
  CNBC - 11h

• Boeing expects $4 billion loss for fourth quarter after chaotic 2024

  Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.
  
  CNBC - 11h

• Trump is searching for potential TikTok buyers — who are the likely contenders?

  After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.
  
  CNBC - 1h

• Trump praises President Xi, says he looks forward to 'getting along with China'

  During his campaign trail, Trump had floated imposing tariffs upward of 60% on Chinese goods.
  
  CNBC - 3h

More in Business

• Monte dei Paschi shares fall 6% after lender launches surprise 13-billion-euro bid for Mediobanca

  Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.
  
  CNBC - 12m

• Trump promised to lower housing costs. Mortgage rates stand in the way.

  The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.
  
  MarketWatch - 15m

• Stocks are pricey, but these overlooked sectors may be your best bet

  A rip-roaring rally at the onset of President Donald Trump’s second term in office has brought the S&P 500 back to record territory, stretching market valuations to extremes.
  
  MarketWatch - 35m

• Burberry shares jump 16% after better-than-expected quarterly sales

  Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.
  
  CNBC - 45m

• How a smaller government real-estate footprint under Trump could boost cities

  History shows that selling government-owned buildings or terminating their leases isn’t quick or easy
  
  MarketWatch - 56m