Japan's May Wholesale Inflation Surges, Challenging BOJ Rate Hike Plans Japan’s wholesale inflation surged in May at the fastest annual rate in nine months, driven by a weak yen that increased import costs. This rise complicates the Bank of Japan’s decision on raising interest rates, as higher prices from cost pressures could reduce consumption and hinder demand-driven inflation. Analysts note that with energy prices expected to rise and government utility subsidies ending in June, the BOJ may need to wait for wage growth to boost consumption before considering rate hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Wavers as U.S. Economic Slowdown Spurs Rate Cut Speculation READ MORE Chinese Retail Investors Drive Gold Boom on Shanghai Futures Exchange READ MORE 12 Nations Leading the Charge Seeking Dollar Alternatives READ MORE Fed's Balancing Act: Slow Rate Cuts to Navigate Economic Crosscurrents READ MORE BlackRock Cautions Against Long-Term Bonds READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment