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Singapore, Korea - concerns over Chinese economic perfomance

Singapore, Korea -  concerns over Chinese economic perfomance
The Bank of Korea kept its benchmark rate unchanged for a 3rd consecutive month today:Bank of Korea leaves its base rate unchanged at 3.5%, as expectedStatement from the Bank of Korea, main points: Economic growth to remain weak for some timeInflation will likely fall considerably before rebounding slightly for rest of yearPace of decline in housing prices slowedUncertainty high over Chinese economy, IT sectorMeanwhile, in Singapore, the economy contracted q/q, raising the risk of a recession:Si... Read More
Posted: May 25 2023, 01:46
Author Name: forexlive
Views: 081440

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