05-29-2012 09:05 AM - edited 05-29-2012 09:21 AM
The fed reserve recently eased restrictions on state-controlled Chinese banks in the U.S., despite consideration of another round of quantitative easing and criticism that the Chinese hoard our U.S. currency.
What do you think?
06-06-2012 01:51 PM
06-07-2012 10:25 AM
Hey, some good news on the currency scene: BOC finally lowered interest rates that should provide some economic stimulus- of course, the questions is:ddn't China have to lower interest rates anyway(?), and the larger question, always: can you stimulate an economy by manipulating currency (?).
06-08-2012 08:24 AM
The Fed was considering another round of quantitative easing and China is a big bond seller- I think there was some uncertainty with the euro and you wonder how good the fed's deal is with the easing, anyway.