China Hikes 0.25%, Can it Usher in Risk Aversion? | FreshPips.com
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China Hikes 0.25%, Can it Usher in Risk Aversion?

posted by Avatar FXTimes 417 days ago in Fundamental, Sentiment, Inflation made popular 417 days ago

China concerned about inflation running at 5% decided to raise interest rates by another 25 basis points bringing its benchmark on year lending rate to 6.31%, from 6.06%. The one-year deposit rate rises to 3.25% from 3%. The news comes as a bit of surprise. When China raises rates it can cause some worries about global growth, knowing how important
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