Analysts at Bank of America Global Research have cut GDP forecasts:
- for 2024 China to 4.8%, from 5.0% previously
- for 2024 global GDP to 3.1% from 3.2% previously
The China call is a brave one. China’s official GDP target is ‘around’ 5%. China tends to hit its forecasts, whatever it takes 😉
This article was written by Eamonn Sheridan at www.forexlive.com.
Source link
