boj minutes, 2022-12-20
Supply-side constraints continued to wane globally and this had underpinned production activities around the world; however, in addition to downward pressure on advanced economies stemming from such factors as elevated inflation and policy interest rate hikes by central banks, as well as the impact of the situation surrounding Ukraine, such pressure on the Chinese economy had intensified since the previous meeting, mainly for private consumption, reflecting the impact of the COVID-19 resurgence.
Sentiment: neutral
Topic: mp_economic_activity