Japanese yen hits six-week high after hot inflation reading drives rate increase bets

Yen strength came after fresh data that showed Tokyo core consumer prices, stripping out volatile fresh food.

Topics

Dollar hits six-month high as Trump tariff talk fuels inflation fears

US Treasury yields rise as traders scale back expectations for interest rate cuts
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Import prices post biggest increase in six months and add to U.S. inflation

The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of higher fuel costs.
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Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.
Business - CNBC - October 31
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.
Top stories - NBC News - October 31

Japanese yen hits six-week high after hot inflation reading drives rate increase bets

Topics

Related

Dollar hits six-month high as Trump tariff talk fuels inflation fears

Japanese official warns on ‘excess moves’ in yen after Trump win boosts dollar

Traders trim Bank of England rate cut bets after U.K. inflation rebounds

Will credit card interest rates increase now that inflation is climbing?

What does the inflation rate increase mean for American consumers?

Import prices post biggest increase in six months and add to U.S. inflation

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

Key inflation rate hits 2.1% in September, as expected, closing in on Fed target

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