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13th Jun 2024 18:11China+Weekly Monitor

  • The BoJ left its policy rate targets unchanged and committed to paring back bond purchases.
  • Details of tapering will be revealed in July after consulting the market; the amount is likely “significant”.
  • We still expect only one rate hike this year, as consumption will likely take longer to recover.

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Keywords for: 17 June 2024 China+ Monitor

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