SUBSCRIBERS
China stands pat on rates despite Fed action
Published Thu, Jun 15, 2017 · 09:50 PM
Shanghai
CHINA'S central bank left interest rates for open market operations unchanged on Thursday, shrugging off an overnight increase in the US Federal Reserve's key policy rate.
The People's Bank of China (PBOC) did not explain its rationale for keeping rates unchanged, after it followed a Fed hike within hours in March.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
China firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says