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18th Mar 2025 17:14China+Daily Monitor

  • The BoJ left rates unchanged at yesterday’s meeting, citing the evolving external situation as a new risk.
  • The Bank considers developments in domestic wages and prices are in line with it achieving its policy target.
  • We continue to expect two more hikes in 2025, taking rates to 1%, with the next rise in Q2.

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Keywords for: 20 March 2025 China+ Monitor

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