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Explaining the Asian rate cuts wave

03.08.19 205 Source: The Hindu
Explaining the Asian rate cuts wave

The latest International Monetary Fund (IMF)-World Economic Outlook update in July 2019 has confirmed a growing belief that global growth has decelerated and dark clouds seem to be looming in the near term. Specifically, the IMF has downgraded global growth multiple times since October 2018 and now projects it to be 3.2% compared to 3.6% in .........................

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