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24th Feb 2025 18:43China+Daily Monitor

  • The Bank of Korea cut rates yesterday, as widely expected in the market, given currency stability.
  • Anther two cuts are likely, though we see a rising case for three, given domestic political and trade-war risks.
  • China’s bond yield uptick likely reflects improved sentiment, but that rests on fragile ground.

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Keywords for: 26 February 2025 China+ Monitor

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