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18th Jan 2023 16:21China+, Daily Monitor

  • The BoJ kept its main policy settings unchanged this month, after the surprise YCC tweak in December.
  • The Bank also adjusted a rule to allow it to offer negative rate funds, thus steering down yields.
  • We think significant policy change is off the table, at least until economic recovery later this year.

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Keywords for: 19 Jan 2023 China+ Monitor

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