
Japan’s inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s inflation in January climbed 4% year on year, hitting its highest level since January 2023, further strengthening the case for rate hikes by the country’s central bank. The core inflation rate…