You are here

CENTRAL BANKS’ MOVES

China raises market rates to fend off financial risks; growth moderates

Data shows impact of effort to wean China off addiction to debt; output, investment property take breather

BT_20171215_PBOC_3222652.jpg
Analysts believe PBOC's rate hikes will not impede activity, though they signalled a commitment to continue curbing leverage.

Beijing

CHINA'S central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperilling the economy, a balancing act that they have managed successfully so far this year as activity remained broadly steady

sentifi.com

Market voices on:

Powered by GET.comGetCom