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| China raises a key market interest rate, following Fed's move The PBOC has not changed its benchmark one-year lending and deposit rates since October 2015, with the central bank preferring to guide borrowing costs via liquidity operations and interbank market rates. "On the one hand, the PBOC needs to push up the interest rate in the domestic financial market, ...
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| The Latest: Powell Considering More Press Briefings Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington, Wednesday, March 21, 2018. ... Investors will also look for signs that Fed policymakers are leaning toward four rate hikes this year, rather than the three that financial markets ... Can the Fed Engineer the Best Economy Since the 1960s? Chairman Powell Is Going to Try - New York Times
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| Markets brace for Bank of England decision after US rate hike – business live Tight labour markets should push nominal wage growth higher over the medium term as inflation gradually trends towards a rate of about 2-2.5%. Real weekly earnings growth can rise towards 1.0% by the end of the 2018. Helped by continued jobs growth, this should allow real consumption to grow at ...
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