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Central banks in the Philippines, India, and Colombia are likely to maintain elevated interest rates and closely monitor inflation and economic growth. The Philippines' inflation slowed to a near two-year low, while India's GDP growth is expected to rise to around 7% from 6.5%. Colombia's economic growth is forecasted at 1.8% in 2024 with a slowing inflation rate and potential interest rate cuts.
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How might the central banks' decisions on interest rates and inflation management impact investor confidence and economic stability in these countries?
In what ways could the potential slowdown in China's growth affect global economic trends and trade relationships?
What factors contribute to the varying economic growth forecasts in the Philippines, India, and Colombia, and how might these differences influence regional economic dynamics?
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