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Something for your Espresso: PBoC underwhelming in many ways, but markets are ripping

The PBoC remains underwhelming, while the consumer in the West is showing strong signs of momentum in both the UK and the US. But is that momentum carrying through October? More frequent data is starting to cast doubt on it.
2024-10-18

The PBoC remains underwhelming, while the consumer in the West is showing strong signs of momentum in both the UK and the US. But is that momentum carrying through October? More frequent data is starting to cast doubt on it.

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