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Financial Personal

Tokyo Inflation Accelerates as Subsidies Phased Out For Now

Inflation in Tokyo accelerated for a second month in December, as the government temporarily phased out utility subsidies, a result that will likely support expectations of an interest rate hike next year.

By: financialpost.com
  • Dec 27 2024
  • 0
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Tokyo Inflation Accelerates as Subsidies Phased Out For Now
Tokyo Inflation Accelerates as
(Bloomberg) — Inflation in Tokyo accelerated for a second month in December, as the government temporarily phased out utility subsidies, a result that will likely support expectations of an interest rate hike next year. Read More

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Richard Parsons, prominent Black executive who led Time Warner and Citigroup, dies at 76