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What China's politboro offered for the economy (and what it didn't)
Commodity currencies are soft today and that's in large part due to a soft Australia CPI but risks are growing towards some disappointment in the commodity market itself after China's politboro sent mixed signals on stimulus.Officials committed to boosting stimulus measures, adopting a proactive fiscal stance and prudent monetary policy to address the nation's economic challenges. Policy changes include tax and fee reductions, local government bond issuances, and a shift in housing policy. The r...
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Posted: Jul 26 2023, 13:05
Author Name: forexlive
Views: 102170