Read full post at forexlive.com
The ‘core-core’ rate of inflation in May (core-core is that excluding food and energy, it’s the closest to the US measure of core inflation) inched up on the month. Expectations I had seen for this were for a 2.2% rise, which is the result.
As I posted earlier:
USD/JPY is barely changed after the data, around 157.20.
This article was written by Eamonn Sheridan at www.forexlive.com.
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