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18th Dec 2024 18:36China+Daily Monitor

  • Japan’s central bank left the policy rate unchanged yesterday, with one dissenter voting for a rate hike.
  • Governor Ueda was less hawkish; he needs more clarity on wages and Mr. Trump’s policy before hiking.
  • The BoJ didn’t want to tie its hands, keeping a January hike alive while making March plausible.

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Keywords for: 20 December 2024 China+ Monitor

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