Chinese Economists Say Japan Launching a New Currency War
Now that the Bank of Japan (BOJ) has begun its monthly purchases of more than $70 billion in assets, the country has come under increasing criticism for starting a new ...Read Full Story »
Posts related to ‘People's Bank of China’
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China Steps on the Economic Accelerator
The People’s Bank of China (PBOC), the country’s central bank, announced a surprise cut to its benchmark interest rates today. This is the second cut in a month, and underscores ...Read Full Story »
China Cuts Interest Rates, Stock Futures Jump
China’s central bank, the People’s Bank of China, has announced an interest rate cut of 0.25% on both its lending and deposit rates. The new rates, which take effect tomorrow, ...Read Full Story »
Media Digest (8/3/2011) Reuters, WSJ, NYT, FT, Bloomberg
Fitch and Moody's kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: ...Read Full Story »
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