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China stands pat on rates despite Fed action

People's Bank of China.jpg
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.

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

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