Barclays: Tokyo CPI data meets Bank of Japan's expectations, supports interest rate hikes in October and beyond

According to Jin10 Data on June 26th, Barclays economists stated that the June Tokyo CPI data is in line with the Bank of Japan's forecast and supports the interest rate hike path for October and April 2027. Economists predict that inflation will accelerate starting this summer, and the Bank of Japan will confirm that basic inflation, excluding special factors, is accelerating and inflation expectations are rising before taking the next interest rate hike action.