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The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat showed Friday. The market consensus was for a 2.1% reading in the reported period. The core HICP rose 2.7% over the year in

As expected, the BoJ held rates at 0.50%, and the message was classic BoJ: wait and watch. They trimmed their FY2025 core CPI forecast to 2.2%, taking some steam out of the inflation narrative but keeping the bias intact. Global trade headwinds, especially from the U.S. tariff cycle, were flagged as