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30th Oct 2024 10:38China+Daily Monitor

  • The BoJ left the policy rate on hold yesterday, at 0.25%, as expected given the recent election.
  • Governor Ueda was deliberately vague about signalling the timing of the next rate hike.
  • China’s October official PMI shows fiscal stimulus gaining traction, led by large enterprises.

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Keywords for: 1 November 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence