🚨 Japan's Inflation Just Hit a 2-Year High! 🇯🇵
Japan’s inflation soared +2.9% year-over-year in November, with core inflation hitting +3.0% – staying above the Bank of Japan’s 2% target for a remarkable 44 months straight. 🍚 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 isn’t 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 📈
ETHUSDT
Prep
3,001.99
+0.80%
LIGHTUSDT
Prep
3.7453
+35.32%
ZECUSDT
Prep
441.48
-1.40%