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How will China reopening affect global inflation?
The market is focused on a less-hawkish message from Powell today but the big moves this week are in China, where it's increasingly clear that covid-zero is coming to an end.
Controls must be applied with “softness” and “greater precision” to ensure daily life can continue, various news reports in official publications said. Reports of easing lockdowns are widespread.
None of that speaks to any kind of coherent plan and few think anything resembling a full reopening before the spr... Read More
Posted: Nov 30 2022, 20:21
Author Name: forexlive
Views: 110248