The largest investment banks reduce forecasts according to gross domestic product China

The second month in a row a number of disappointing economic data from China induces investment banks worldwide to reduce the forecasts of growth for 2023, writes Bloombeg. "The wave of falls of ratings emphasizes danger of that the second-large economy of the world will not achieve the official objectives of growth approximately for 5% this year without more coordinated political actions. The last reductions of forecasts followed the announcement of decrease in interest rates by Central bank Russian Federation (Bank Russia)", - is spoken in material. In particular, team J.P.Morgan Chase & Co %26amp; Co. lowered the forecast for 2023...