{
  "id": 17144808,
  "title": "Tokyo inflation and a BoJ rate decision come next for a flat Yen",
  "url": "https://urgent.news/2026/10/29/tokyo-inflation-and-a-boj-rate-decision-come-next-for-a-flat-yen",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T22:48:08.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/tokyo-inflation-and-a-boj-rate-decision-come-next-for-a-flat-yen-202610292248"
  },
  "original_language": "en",
  "account": "Tokyo's Consumer Price Index (CPI) excluding fresh food and energy rose 2.6% year-over-year in October, as forecasted, while headline inflation increased to 2.8%. Core inflation, which excludes volatile food and fuel prices, slowed to 2.6% from 3%. The mixed inflation data adds to the argument for a Bank of Japan (BoJ) rate hike, narrowing the USD/JPY rate gap, while the cooling of inflation takes away from it. Jobless rate in Japan fell to 2.4% in September, and employers had 1.19 jobs on offer per applicant, up from 1.18. The Bank of Japan's decision on monetary policy is scheduled for Friday at 03:00 GMT, with its quarterly Outlook Report following at 06:30 GMT. The US Employment Cost Index for the third quarter and the Chicago Purchasing Managers Index are due at 12:30 GMT and 13:45 GMT, respectively, affecting the Federal Reserve's December decision. USD/JPY has seen a slight recovery in the session's range of 157.50-158.00.",
  "summary": "US growth beat its forecast, and the Dollar is still lower against the Yen after results from Amazon (AMZN) and Intel (INTC) disappointed. USD/JPY reached its session high just above 158.00 around the European Central Bank's (ECB) decision.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Tokyo core inflation exceeds BOJ target in October",
        "url": "https://urgent.news/2026/10/29/tokyo-core-inflation-exceeds-boj-target-in-october",
        "published": "2026-10-29T23:46:48.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Tokyo inflation exceeds BOJ’s 2% target before rate decision",
        "url": "https://urgent.news/2026/10/30/tokyo-inflation-exceeds-bojs-2-target-before-rate-decision",
        "published": "2026-10-30T01:01:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}