Citi raises China 2024 GDP growth forecast to 5.0% from 4.6% previously
globalreutersMarch 28, 20241 Mins read On the change, Citi cites “recent positive data and policy delivery”. But personally, I still think it is too early to tell especially on effectiveness of the latter. We’ll see in due time.
But in terms of the official numbers, we are likely to see China tout the 5% benchmark come year-end. That after having announced such a target earlier in the month here.
This article was written by Justin Low at www.forexlive.com.
Related Articles
Crude Oil Technical Analysis – Testing a key resistance
Fundamental OverviewCrude oil continues to remain supported as the buyers might be...
BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours
It is better to remain restrictive for longerWe can cut more aggressively...
Gold Technical Analysis – The fall in real yields drives the price higher
Fundamental OverviewThe Fed this week finally started its easing cycle and decided...
BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative
US economy achieving soft landing is our main scenarioIf US economy achieves...
Leave a comment