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23rd Jan 2025 11:21China+Weekly Monitor

  • The BoJ raised the policy rate on Friday; Governor Ueda hinted at further rate hikes at a measured pace.
  • The Bank is optimistic about continued steady wage inflation this year, given signs of labour shortages.
  • It lifted its inflation forecast for fiscal year 2025, due to higher import costs and rice inflation.

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Keywords for: 27 January 2025 China+ Monitor

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