People’s Bank of China Strives for Delicate Balance After Reserve Ratio Cut
Posted on 06/28/2018
As the U.S. Federal Reserve increases its rate rises at a quicker pace to fend off inflation, China is attempting to balance tightening and loosening at the same time. As the U.S. dollar appreciates relative to the yuan, triggered by a more hawkish U.S. monetary policy, China runs the risk of capital outflows. The People’s […]
