Japan January 2026 Core CPI 2.0%, slowest since Jan 2024 (vs. 2.0% expected & 2.4% prior)

This is just a post with the data. I'll have more, analysis and implications posted separately.

Note that the 1.5% overall pace is below 2% for the first time since March 2022.

The latest on the BoJ:

• BOJ expected to reach 1% by mid-year as yen intervention risks rise near 160 USD/JPY
• JBA chief says reasonable chance of BOJ rate hike to come in March or April