(Bloomberg) -- Japan’s inflation accelerated for a second month in June, backing the case for central bank officials to consider raising interest rates when ...
-- Japan ’s inflation accelerated for a second month in June, backing the case for central bank officials to consider raising interest rates when they gather to set policy at the end of the month.Consumer prices excluding fresh food gained 2.6% from a year ago, quickening from 2.5% in May on slightly higher energy costs, the ministry of internal affairs reported Friday. The reading came in a tad weaker than economists’ consensus for a 2.
The sustained inflationary pressure is a positive sign for Japan’s economy, which has shown mixed signs lately. Earlier this month, Japan’s gross domestic product figure for the January-March quarter was revised lower to show a deeper contraction, and household spending unexpectedly fell from a year ago in May.
Multiple people were grievously injured during last week's shooting in Pennsylvania, while Donald Trump escaped with a bloodied ear. The odd couple, who discussed the attempt on Donald Trump's life and President Joe Biden's economy, reunited on "The Daily Show" for the first time in 10 years.Arkansas Gov. Sarah Huckabee Sanders invoked first lady Jill Biden, a rare target for GOP attacks, during her speech at this week’s Republican convention. Sanders, who briefly served as former President Trump’s press secretary, recounted taking her son to work one day while serving in the White House.
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