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Kamis, 24 Maret 2016

PIMCO sees 7% yuan depreciation this year & 1 or 2 Fed rate hikes

Pacific Investment Management Co. updated its outlook overnight

(This is an ICYMI post)

– Downgraded its outlook for global growth in 2016: to expand 2% to 2.5% for 2016 (were forecasting 2.6%)

On the yuan:





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