China Slides Back into Deflation as Australia Raises Rates, Highlighting Divergence in Global Inflation Outlook
-
China's consumer prices may have slid back into deflation in October, underscoring fragility of economic recovery.
-
Weak inflation figures would add uncertainty to China's growth outlook after unexpected factory contraction.
-
Expectations growing for China's central bank to provide more liquidity support via rate cut.
-
Australia's central bank expected to raise rates to 12-year high as it fights inflation.
-
Poland likely to cut rates while Serbia and Romania expected to pause, in Europe's upcoming central bank meetings.