Retail Sales & PPI Reveal Softening Activity
South State Correspondent
JANUARY 18, 2023
Retail Sales & PPI Reveal Softening Activity. The Bank of Japan decided not to widen the band on its Yield Curve Control policy for their 10yr bond from the current -50bps +50bps range. The first of those is retail sales for December which declined by 1.1%. The so-called core retail sales rate, or Control Group, dipped 0.7%
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