China can offset effects of Fed's rate hikes
The impact of the Fed's rate hike has been declining on China, due to the latter's autonomous monetary policy.
Source: chinadaily.com.cn
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The impact of the Fed's rate hike has been declining on China, due to the latter's autonomous monetary policy.
Since the international monetary system is dominated by the dollar, the US Federal Reserve’s rate hike is bound to have a spillover effect on other economies and constrain the maneuvering space for their monetary policy to varying degrees. Yet the impact of the Fed’s rate hike has been declining on China, due to the latter’s ...
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