Epstein Secrets

ation of the Petroleum Exporting Countries PBOC: People’s Bank of China PCE: personal consumption expenditures PE: price

ctor Matheus Dibo Vice President Mary Catherine Rich Vice President This material represents the view

ectors Ambassador and Permanent Representative of the People's Republic of China Acting Chief Executive Officer Commissioner, Cli

sh Lerner Monique F. Leroux Aharon Leshno-Yaar Rich Lesser Yves Leterme Doris Leuthard Lord Levene

. We think that policy measures to support the economy should have more visible effect on activity in the second half of the year. ¢ To this effect, the People's Bank of China (PBoC) has recently cut interest rates by 25bps — the first such move since late 2008. With investment demand still sluggish, we don't expect the mea

would advise a tilt in EM portfolios toward cash-rich and faster- growing Asia. Emerging market countr