China press: PBOC does not need to follow Fed in raising interest rates

Dhwani Mehta FXStreet

Bloomberg came out with the headline reported by China’s the Economic Information Daily in its latest article, citing that PBOC does not need to follow Fed in raising interest rates.

The piece was reported after the PBOC raised the MLF, SLF and RR rates in a surprise move after Fed".

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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