TOKYO, May 26 : Japan's core inflation as measured by a new central bank gauge accelerated in April and blew past its 2 per cent target, data showed on Tuesday, helping make the case for an interest rate hike as soon as next month.The reading underscored intensifying inflationary pressures in the economy, and

TOKYO, May 26 : Japan's core inflation as measured by a new central bank gauge accelerated in April and blew past its 2 per cent target, data showed on Tuesday, helping make the…

Bank of Japan's new trend gauge shows April inflation at 2.8%, well above its 2% target and nearly double the official 1.4% CPI, fueling rate hike expectations.