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22nd Feb 2024 19:39China+, Weekly Monitor

  • The BoK kept the policy rate unchanged yet again, but one board member is now open to a rate cut...
  • ...But the Bank will probably hold off until Q3, worried about rising household debt and inflation.
  • The modest improvement in China’s January residential prices likely doesn’t mark a turning point.

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Keywords for: 26 February 2024 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence