Tomorrow sees the release of the latest CPI report from the BOJ. But analysts generally expect it to largely feed into general rhetoric that seems to suggest that ultra-easing won’t change. The thought was that if inflation picked up in Japan, then the BOJ would be forced to take a more hawkish stance. But the faster growth in prices over the last several months is fading. And it comes at a crucial time for when there was initially speculation that negative rates would be ended. Japan headline inflation is expected to be reported at 2.1%, down from 2.6% previously. The monthly rate is actually expected to slip into ... (full story)