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Event Brief

Japan core inflation softens to over four-year low

Japan’s core inflation fell below expectations, weakening the case for a BOJ rate hike.
WHO: Japan
WHAT: Core inflation (excluding fresh food) fell to an over four-year low.
WHEN: May 21, 2026 at 8:16 PM ET
WHERE: Japan
WHY: Core inflation was lower than expected, reducing support for a BOJ rate hike.

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