Asia-Pacific markets inch lower as region kicks off 2023
Friday was the final trading day of the 2022, but also for the quarter, month and year. Here's how the major market averages fared over those time frames.down 0.17% for the weekdown 0.14% for the weekdown 8.73% for the monthup 5.8% for the quarterBank of Japan is reportedly considering hiking its inflation forecasts in January, according to Nikkei
Japan's central bank is reportedly considering boosting its inflation forecasts in January to reflect price growth that's closer to its 2% target in the 2024 fiscal year, according to aThe move could be laying the groundwork for a shift toward tighter fiscal policy, according to the report., allowing long-term interest rates to rise more.
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