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China ‘ahead of US’ in monetary policy adjustments, as US Fed revamps interest rate predictions

Summary:
[unable to retrieve full-text content]Economists say China is better positioned than it was in the past to handle “external challenges”, after the US Federal Reserve overhauled its economic and monetary policy predictions in its just-concluded policy meeting.The Fed’s so-called dot plot – a chart showing when each member of the Federal Reserve’s policymaking panel expects the central bank to change interest rates – implies that hawkishness is on the horizon, with two projected interest rate hikes by the end of 2023, according to a…

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[unable to retrieve full-text content]
Economists say China is better positioned than it was in the past to handle “external challenges”, after the US Federal Reserve overhauled its economic and monetary policy predictions in its just-concluded policy meeting.The Fed’s so-called dot plot – a chart showing when each member of the Federal Reserve’s policymaking panel expects the central bank to change interest rates – implies that hawkishness is on the horizon, with two projected interest rate hikes by the end of 2023, according to a…

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