Pantheon Macroeconomics
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24th Nov 2022 11:03China+, Daily Monitor
The BoK hiked the policy rate by only 25 basis points, concerned about growth as well as inflation.
Governor Rhee would not give a timeline for rate cuts, even as the Bank cut its 2023 growth outlook.
Japan’s flash PMIs for November indicated a continued economic downturn, after the Q3 GDP fall.
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