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26 Sep
12:17

US-China pact unlikely, monetary policy failing: Commerzbank

The US and China are unlikely to sign a meaninful trade pact in the near term, while central banks’ monetary policy is no longer helping boost economic growth, according to Ulrich Leuchtmann, Head of FX & EM Research at Commerzbank. The global economic slowdown is being felt particularly in the manufacturing sector. It is yet to be seen dramatically in real GDP terms. "Alarm bells are ringing,” and there are fears of recession. However, the …
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