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27th Feb 2024 13:28China+, Daily Monitor

  • Japan’s national prices rise at the slowest rate since Q1 2021, thanks to softer food and energy prices.
  • The surge in overseas package-holiday inflation has distorted the outturn away from the consensus.
  • BoJ will be more confident to normalise rates but, given Fed’s delayed move, policy will tighten by June.

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Keywords for: 28 February 2024 China+ Monitor

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