The Japanese data released today showed inflation is not even half-way to Bank of Japan’s (BOJ) inflation target, meaning the ultra-easy monetary policy will likely be on hold indefinitely. The nationwide cost of living as represented by the consumer price index (CPI) in Japan was up 0.7 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday. Further, the core CPI also increased 0.7 percent on year as expected. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY seeking to retake 110.00 after Thursday’s slide FX Street 5 years The Japanese data released today showed inflation is not even half-way to Bank of Japan's (BOJ) inflation target, meaning the ultra-easy monetary policy will likely be on hold indefinitely. The nationwide cost of living as represented by the consumer price index (CPI) in Japan was up 0.7 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday. Further, the core CPI also increased 0.7 percent on year as expected. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.