US EUROPE AFRICA ASIA 中文

PBOC faces balancing act with rate, inflation

By Wang Xiaotian ( China Daily ) Updated: 2013-05-14 13:45:35

Central bank vows to keep eye on other nations' easing policies

Amid a wave of interest rate cuts by major economies around the world, Chinese monetary authorities will face a policy dilemma in the coming weeks.

Financial specialists said authorities will have to decide between cutting the interest rate to curb capital inflows from overseas, and tightening the money supply - usually by keeping a relatively high interest rate - to ward off inflation.

PBOC faces balancing act with rate, inflation

Most Popular
Special
...