Surprise Interest Rate Move By China Roils Markets - New York Times

ReutersSurprise Interest Rate Move by China Roils MarketsNew York TimesBEIJING — China's central bank unexpectedly announced Tuesday that it would raise interest rates for the first time in nearly three years, apparently in the hopes of dampening inflation and cooling off this country's hot property ...China hikes interest ratesCNNMoneyOut with the abacus in China's 25-bp rate riseReutersHEARD ON THE STREET: China's Rate SurpriseWall Street JournalTheStreet.com -BBC News -The Business Insiderall 352 news articles »

BING NEWS:
  • China Avoids Rate Cut to Keep Ammunition For Future Pressure
    China kept a key interest rate unchanged — a move widely expected by economists — as it seeks to keep its powder dry ahead of possible escalation in trade tensions with the US.
    12/24/2024 - 12:48 pm | View Link
  • Asia markets mostly fall as investors assess China rate decision; Australian stocks hit 3-month low
    Traders are also assessing inflation data out from Japan after the country’s central bank held rates on Thursday.
    12/19/2024 - 1:36 pm | View Link
  • The Fed's rate outlook has rattled markets. Here's what it means for global central banks
    The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global central banks were likely taking note.
    12/19/2024 - 1:26 am | View Link
  • Oil sags on soft Chinese spending, investor pause before US Fed rate move
    Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, the world's largest oil importer, and as investors paused buying ahead of the U.S.
    12/16/2024 - 6:06 am | View Link
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