#CPIWatch is all about keeping an eye on the Consumer Price Index, a key indicator of inflation. The latest data shows Japan's core inflation likely accelerated in October, exceeding the Bank of Japan's 2% target for over three years. In the US, the CPI report is highly anticipated, especially after the government shutdown delayed its release. Economists are watching closely for signs of inflation trends, which could influence the Federal Reserve's next move.

*Key Factors to Watch:*

- *Energy Prices*: Smaller energy subsidies in Japan are pushing up utility costs.

- *Food Prices*: Food inflation is cooling down, with rice price hikes subsiding.

- *Fed Policy*: The Fed's next move is uncertain, with some policymakers advocating for another rate cut.

Stay tuned for updates on the CPI report and its impact on global markets!