๐จ Japan's Inflation Just Hit a 2-Year High! ๐ฏ๐ต
Japanโs inflation soared +2.9% year-over-year in November, with core inflation hitting +3.0% โ staying above the Bank of Japanโs 2% target for a remarkable 44 months straight. ๐ Rice prices are exploding, up a massive +37.1% year-over-year!
The Bank of Japan signaled further rate hikes are on the horizon, confirming that underlying inflation isnโt cooling down. This could have ripple effects across global markets. Keep a close eye on $ETH and broader risk assets as Japan navigates this inflationary period. $LIGHT and $ZEC may also see increased volatility.
#Inflation #Japan #Macroeconomics #Finance ๐

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