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18th Dec 2023 18:11China+, Daily Monitor

  • The BoJ announced no change to its easy policy settings yesterday.
  • Falling U.S. yields have eased pressure on the yen, lessening the urgency of a BoJ policy shift.
  • The December flash PMIs indicate falling manufacturing demand, but resilient services activity.

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Keywords for: 20 December 2023 China+ Monitor

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