Brazil Fipe's IPC Inflation up to 0.85% in July from previous 0.47%

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No need for further monetary stimulus – BOJ

As per Bloomberg report, the Bank of Japan (BOJ) stated that there is no need for further monetary stimulus and is said to see a summer pickup critical after the slowdown in spring. The bank views inflation as improving even with Q2 contraction and is watching the summer rebound to gauge inflation outlook.
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