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15th Jun 2023 18:15China+, Weekly Monitor

  • The BoJ made no change to its loose monetary policy on Friday, in line with market expectations.
  • We see little prospect of tightening while real wages are falling and the H2 global outlook is so grim.
  • China’s property sector recovery is set to be uneven and gradual, even with likely further policy support.

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Keywords for: 19 June 2023 China+ Monitor

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