Interest rate rises maybe on hold
Market disturbances around the world are causing central bankers to be more cautionary about raising interest rates.
The market is still very unclear, and the Chinese stock market looks to remain on shaky grounds for a little while still. Currently, it is unclear where the bottom of the Chinese market is. Currently, even when we all think it has hit rock bottom, a faint knocking noise can still be heard.
Fundamentally, there’s a need for the market to stabalise before interest rates go anywhere.
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