View full page at forexfactory.com

 

One Less Hurdle for Fed Hike: China Comes Back From Danger Zone

From bloomberg.com

China may be slipping down Janet Yellen’s worry list. When the Federal Reserve in September held off from its first interest-rate increase since 2006, the U.S. central-bank head cited growing concerns about China’s market turmoil among the reasons. "A lot of our focus has been on risks around China," she said in a press conference after the decision. At the time, China’s leaders were struggling to contain the fallout from a $5 trillion stock market rout and an abrupt decision to devalue the yuan that sparked a flood of capital to leave the country. The turmoil rattled global investors and emerging markets amid ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News