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China Economy: Rate cut should not have come as a surprise

With growth disappointing and prices declining, Tuesdays easing ought to have been a no-brainer.ย ย The world has become so accustomed to a China that turns in enviable economic results that its hard to get our heads around what happens when slow growth becomes the norm rather than the exception
Jerome Powell Julian Evans Pritchard Pan Gongsheng Federal Reserve People Bank Market Committee

Peru Holds Key Interest Rate at 7.75% as Inflation Remains Above Target

(Bloomberg) -- Peru’s central bank held its benchmark interest rate steady for a seventh straight month late on Thursday as inflation remains above target even after a recent slowdown.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy Paid Just $1 to Buy Bar...
United States Bloomberg Businessweek Rafael Gayol Julio Velarde Alex Contreras Analysts At Goldman Sachs Group Inc
Source: yahoo.com

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