Course Volatilely Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To an economy with a slower, more sustainable growth rate. >> absolutely. it's a very challenging transition, they're trying to get away from the export-led growth they relied on so much in the 2000, the investment-led growth they relied on so much in the past few years. they're trying to get more private consumption expenditure but of course volatilely doesn't help that. >> let's talk about that. this is an economy that has been huge infrastructure-building, huge projects, creating priming the economy and now they're talking more as you say about consumption, about the chinese market buying m...

That. in other words, people are shifting their expenditures away from gods. and more services, which is the pattern you expect to see as income continues to rise. >> liz ann, the big question here in the u.s. now is what will the federal reserve do about raising interest rates? and i've got to say, officials, whether it's in the various, areas of the fed or whether it's here in washington, have been all over the map on that subject. one, are they talking too much? and two, what do you expect the fed to do? will they raise interest rates come mid-september? >> because the voting body is called...