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20th Sep 2022 13:52China+, Daily Monitor

  • Japanese inflation continues to climb, driven by cost-push pressures and base effects.
  • The BoJ will not change tack, despite the multi-year high in CPI inflation.
  • We expect Governor Kuroda to hold the line on both inflation and the yen at tomorrow’s meeting.

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boj core goods core goods inflation cpi defence durable goods electricity energy energy inflation fuel goods inflation household goods liquidity local governments market rates mlf monetary policy pboc policy ppi rmb rrr rrr cut September transport utilities yen yield curve

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Keywords for: 21 Sept 2022 China+ Monitor

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