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- BoE’s Greene warns waiting for second-round inflation effects would be too late
- Asian equities sold heavily, Kospi down 7%
- PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate
- Just 32 countries now drive 95% of global growth as AI widens the gap, IMF warns
- PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023
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