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Tokyo headline CPI accelerated further in November, on the back of food price rises...
...But the BoJ is likely to view domestic demand as still weak, and so leave monetary policy unchanged.
China’s RRR cut is mainly about funding fiscal policy to cushion growth, as Covid cases surge again.
China+ Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence