Australia's largest stock trading and investment forum Australia's #1 stock forum

CHINA warns fed not too hike rates too fast !, page-5

First 5 Last

Share
Profile

Follow
AuCu

3,244 Posts.

13

20/01/22

10:34

Post #: 59000654
Share

Originally posted by dwuuuu: ↑

CHINA warns fed not too hike rates too fast !

https://www.marketwatch.com/story/xi-jinping-warns-fed-against-hiking-interest-rates-11642502735

Chinese President Xi Jinping took to the virtual Davos stage to address Fed Chairman Jerome Powell with this message: Please don’t lift interest rates.

“If major economies slam on the brakes or take a U-turn in their monetary policies, there would be serious negative spillovers. They would present challenges to global economic and financial stability, and developing countries would bear the brunt of it,” said Xi, according to a transcript of his remarks on Monday.

Well done President Xi for cutting interest rates and help stimulate a China's economy ! The fed needs to listen and not raise rates too fast or else it would cause a world economy slow down according to President Xi.

Expand

IMO, if Xi Jinping warns the US not to do something, then the US should do it.

When it come to economics, China is not a friend of the Western economy's
1 Upvote

Reply

Top Stories

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

DMP

Is Domino's a steal after -25% plunge?

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Trump chides Powell as Goldman call for calm. The RBA must be nervous

First 5 Last

SPONSORED BY