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Why the stronger yuan might prompt a PBOC rate cut
Source: Buzz FX / 23 Apr 2024 23:36:19 America/New_York
A piece via Reuters in brief:
- China does not appear ready cut rates, given unexpectedly strong Q1 growth data
- China appears reluctant to cut rates ahead of the Fed
- Yuan has been rising steadily since mid-March, its trade-weighted inde
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