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Country Focus

Sticky Inflation, Turning Growth Momentum Justify A Hawkish BoJ

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The BoJ will stay hawkish because of sticky inflation and better economic momentum. The May Eco Watchers Survey beat expectations, with current conditions rising to 44.4 and the outlook to 44.8. These levels still signal contraction, but the uptick,…

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