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Federated Hermes

2024 Top 500 ranking: 31

Market snapshot: Slowdown fears send equities spinning

Market snapshot- Slowdown fears send equities spinning

Many analysts are revising growth forecasts for China as strict lockdowns in the world’s second largest economy stymie business activity. A soft landing looks increasingly unlikely as central banks struggle to calibrate a policy response that addresses high inflation without killing the economic expansion.

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