{"id":12414,"date":"2024-10-27T11:33:00","date_gmt":"2024-10-27T02:33:00","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=12414"},"modified":"2024-10-29T11:34:33","modified_gmt":"2024-10-29T02:34:33","slug":"fx-empire-october-26","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=12414","title":{"rendered":"FX Empire (October 26)"},"content":{"rendered":"<p>The IMF\u2019s latest forecast counteracted any hope attached to China\u2019s stimulus policy. \u201cMarkets reacted positively\u201d when the People\u2019s Bank of China \u201ccut 1-year and 5-year loan prime rates (LPR) by 25 basis points\u201d since \u201clower borrowing costs could drive credit demand and consumption.\u201d In contrast, \u201cthe IMF\u2019s latest growth projections\u2026 called for caution,\u201d with 2024 growth forecast for China lowered from 5.0% to 4.8%.\u201d Moreover, the IMF pointed out that \u201cBeijing\u2019s maneuvers may not be enough to support an economic recovery.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IMF\u2019s latest forecast counteracted any hope attached to China\u2019s stimulus policy. \u201cMarkets reacted positively\u201d when the People\u2019s Bank of China \u201ccut 1-year and 5-year loan prime rates (LPR) by 25 basis points\u201d since \u201clower borrowing costs could drive credit demand and consumption.\u201d In contrast, \u201cthe IMF\u2019s latest growth projections\u2026 called for caution,\u201d with 2024 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15861,10418,4246,6,2036,15862,1111,383,15863,93,577,4986,4839,15864,45],"class_list":["post-12414","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-25-bp","tag-borrowing-costs","tag-caution","tag-china","tag-consumption","tag-credit-demand","tag-economic-recovery","tag-forecast","tag-growth-projections","tag-imf","tag-markets","tag-pboc","tag-rates","tag-reacted","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12414"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12414\/revisions"}],"predecessor-version":[{"id":12415,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12414\/revisions\/12415"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}