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China rate cut may prompt Fed to raise US borrowing costs: Nomura

Tuesday, October 27, 2015 - 05:50

Singapore

CHINA'S interest rate cut will lead the Federal Reserve to raise borrowing costs in the US this year, according to John Gorman, the head of dollar-denominated debt trading for Asia and the Pacific at Nomura Holdings Inc.

China's policy shift last week will help curb

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