On financial risk, People’s Bank of China is more credible than the US Fed

//On financial risk, People’s Bank of China is more credible than the US Fed

On financial risk, People’s Bank of China is more credible than the US Fed

The US Federal Reserve and the People’s Bank of China are on diverging monetary paths, calibrating policy to fit the needs of the American and Chinese economies respectively. But investors may decide that it is the PBOC’s stance that has the greater credibility, and credibility matters to markets.It’s quite clear that the trajectory of China’s monetary policy is currently different from that of the United States. While it is important to bear in mind that China is materially ahead of the US in…

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By | 2021-02-02T14:00:08+00:00 February 2nd, 2021|Business|Comments Off on On financial risk, People’s Bank of China is more credible than the US Fed