Japanese inflation remains "stubbornly high", the Bank of Japan may raise inflation expectations.

Wisdom Financial APP learned that although the latest main price index in Japan has cooled slightly more than expected, it is still far above the target of the Bank of Japan. Data released on Friday showed that Japan's core consumer price index (CPI) excluding fresh food rose by 3.3% year-on-year in June, slightly lower than the average economist forecast of 3.4%, a slight decrease from the 3.7% year-on-year increase in May (the highest in two years).