【周度关注】海外宏观:日本利率、日本CPI、全球PMI

Interest Rate Changes - The Bank of Japan raised the benchmark interest rate by 25 basis points to 0.5%, aligning with market expectations[2] - This marks the largest rate hike since February 2007 and the highest level since October 2008[3] - Strong inflation and steady wage growth indicate a clear recovery in the Japanese economy, justifying the rate increase[3] Consumer Price Index (CPI) - Japan's CPI for December showed a year-on-year increase of 3.6%, surpassing the expected 3.4% and up from 2.9% previously[5] - Core CPI rose by 3%, meeting expectations and up from 2.7% in the prior period, marking 40 consecutive months of year-on-year increases[5][6] - Food prices increased by 6.4%, the primary driver of CPI growth, while energy prices also rose due to the suspension of government subsidies[6] Global Economic Indicators - In January, the U.S. manufacturing PMI was reported at 50.1, above the expected 49.7, indicating slight growth in the sector[7] - The Eurozone's manufacturing PMI was 46.1, exceeding expectations of 45.3, with Germany at 44.1 and France at 45.3[8] - Japan's manufacturing PMI was reported at 48.8, down from 49.6, while the services PMI improved to 52.7 from 50.9[8] - Despite some slowdowns in service sector growth, the overall manufacturing recovery suggests resilience in the global economy as of January 2025[9]