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30th Apr 2025 10:18China+Daily Monitor

  • The Bank of Japan left rates on hold yesterday to no-one’s surprise, but adopted a more bearish outlook.
  • Governor Ueda denied that the prospect of delay in attaining the inflation goal means delayed rate hikes.
  • It probably does for this year, but Ueda is maintaining room to shift policy in light of trade uncertainty.

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Keywords for: 2 May 2025 China+ Monitor

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