Inflation Special Report

Introduction

All of a sudden, inflation has become the most keenly watched figure in the financial markets. Analysts, economists and traders are scrutinising every single release for signs that inflation is on the up, with the rates markets zipping up and down on the back of differing perceptions over the timing of further interest rate moves.

The Japanese market, for instance, has had a fairly torrid time. With the consumer price index pushing into positive territory and the Bank of Japan (BOJ) ending its

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