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India's stock market will surge to new highs by the end of June and gain nearly 9% in 2024, despite already lofty valuations, according to analysts polled by Reuters, who said a correction in the... -February 21, 2024 at 09:37 pm EST - MarketScreener
The Bank of Korea will keep its key policy rate on hold for a ninth consecutive meeting on Feb. 22, according to all economists polled by Reuters, who stuck to their long-held view the first rate...
The Bank of Korea will keep its key policy rate on hold for a ninth consecutive meeting on Feb. 22, according to all economists polled by Reuters, who stuck to their long-held view the first rate cut would come in the third quarter. Despite inflation declining to a six-month low in January, most Bank of Korea board members see the need for monetary policy to stay restrictive for some time to bring it down to the bank's 2.0% target. Although BOK Governor Rhee Chang-yong said any premature rate cuts could reignite inflation expectations, a cumulative 300 basis points of hikes between Augu...
Bank Indonesia will keep its key policy rate unchanged at a Feb. 20-21 meeting over subdued inflation and an improving outlook for the currency, according to a Reuters poll of economists who...
Most emerging market currencies will struggle to recoup this year's losses against the dollar in coming months as expectations for aggressive rate cuts from the U.S. Federal Reserve diminish, a...