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20th Dec 2021 00:10China+, Daily Monitor

  • The BoJ kept its main policy tools unchanged in December, but tinkered around the edges.
  • An announced reduction in corporate debt purchases had already begun in practice.
  • The taper is offset by an extension of SME lending, which has been a bigger balance sheet driver.

bank boj central bank consumer country credit currency debt demand domestic demand fed global goods governor kuroda h2 import inflation it liquidity market pmi policy policy balance rate ppi prices rate hike rates sales sectors services services pmi survey wages yield yield target

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