China is not out of the woods yet
A top IMF official has warned that central banks need to move cautiously on cutting rates this year, BP has appointed interim boss Murray Auchincloss as its permanent chief executive, and Rishi Sunak quelled a rightwing Conservative revolt over his flagship Rwanda asylum bill. Plus, the FT’s Joe Leahy explains why China’s population decline accelerated in 2023 as its economy grew at one of the lowest rates in decades.
Mentioned in this podcast:
IMF official warns central banks against fuelling inflation with rapid rate cuts.
Stocks drop as ECB and UK inflation puncture interest rate cut hopes.
BP appoints interim boss Murray Auchincloss as permanent chief.
Tory rebels abandon revolt over Rishi Sunak’s Rwanda bill.
China’s population decline accelerates as economy reaches low growth target.
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