The Bank of Japan meet next week. Plans for reduced Japanese Government Bond buying are expected to be detailed. The question of a rate hike is an open one, but the consensus expectation is for on hold. Tokyo area inflation data is due today:National-level CPI data for this month will follow in about three weeks, it takes longer to gather and collate the national data.Tokyo CPI is a sub-index of the national CPIIt measures the change in prices of goods and services in the Tokyo metropolitan areaIts considered a leading indicator of national CPI trends because Tokyo is the largest city in Japan and is a major economic hubHistorically, Tokyo CPI data has been just slightly higher than national
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