CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

Labour Market Data Continues To Signal Ongoing Softening

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUN INDEX 68.2

MNI Chicago Report™: Around 1/3 Plan Capital Investment For Now Or H2

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BoJ Review December 2023: No Hints Of Early 2024 Policy Shift

Executive Summary:

  • The BoJ December meeting delivered few surprises. All policy parameters were left unchanged, while forward guidance remained dovish. Arguably the latter was more important, as forward guidance may need to change before the BOJ delivers a major policy shift. Hence such a move is unlikely at the January policy meeting.
  • The BoJ statement and Governor Ueda's press conference suggested confidence in hitting the 2% inflation target in a stable and sustainable manner for fiscal year 2025 had risen versus the November policy meeting. However, it still needs to see more evidence around the strength of the wage-price cycle before shifting policy.
  • See the full review here:

    • BOJ Review - Dec 2023.pdf


Central Bank ReviewHomepageBank of Japan (BOJ) Market NewsBoJ - ReviewCentral Bank ReportsMarkets
Central Bank ReviewHomepageBank of Japan (BOJ) Market NewsBoJ - ReviewCentral Bank ReportsMarkets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.