GET OVER HERE, INFLATION! Japan's Economy Burns Hotter Than the Netherrealm!

Infernal Inflation Rises!

Greetings mortals! Scorpion here fresh from the Netherrealm and reporting on a crisis more fiery than my hellfire! Japan's core inflation has surged to a blistering 3.7% in May. That's the highest it's been since January 2023! It seems the Bank of Japan (BOJ) is facing a challenge worthy of a Mortal Kombat tournament. Time to 'GET OVER HERE' and raise those rates!

Rice Rage!

But wait there's more! Rice prices have spiked a monumental 101.7% year on year! A CENTURY! That's a bigger jump than Sub Zero after a ninja drop! The government is desperately releasing emergency stockpiles but will it be enough to quell the hunger? Maybe they should try fire breathing; it's certainly heated things up for me!

38 Months of Outworld Inflation!

For 38 straight months inflation has been above the BOJ's 2% target. That's longer than Quan Chi's been plotting evil! It's like fighting Shang Tsung; you think you've won but he just keeps morphing into someone stronger. And this 'core core' inflation stripping out everything but the kitchen sink is up to 3.3%. By the Elder Gods that’s relentless!

Ueda's Ultimatum!

BOJ Governor Kazuo Ueda says they'll raise rates once they're sure inflation will hover around 2%. Sounds like a politician delaying justice! But the BOJ thinks inflation will wane. They claim the economy is slowing. Ha! Like I'd trust their prophecies! They probably also believe Sub Zero is actually cool which clearly he is not!

Economic Fatality!

Speaking of fatalities Japan's GDP shrank 0.2% in the last quarter. First time in a year! Exports declined proving even kombatants need to trade fairly. This economy is about to 'GET OVER HERE' to rock bottom!

Finish It!

So what’s the answer? The BOJ needs to act decisively. No more stalling no more forecasts! They need to unleash the fury of the Netherrealm on this inflation. My advice? Raise those rates stabilize those rice prices and show the world that Japan isn't afraid to fight! Now if you'll excuse me I hear Sub Zero is trying to corner the market on ice sculptures... This calls for a rematch!