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Tuesday, March 20, 2018
Fed to raise interest rate
ANBOUND

As the Federal Reserve is having its meeting this week, the market generally expected that the Federal Reserve will announce that it will raise the interest rates again. If the United States raises interest rates again, will the People's Bank of China raise interest rates? This issue is placed right before the new Chinese Central Bank Governor Yi Gang. Earlier, the Reserve Bank of America raised interest rates several times, but the People's Bank of China did not follow the upward adjustment of the benchmark interest rate. In the current situation that China and the United States may be waging trade war, and the RMB exchange rate against the US dollar is strong, there is no depreciation pressure. It is generally expected that the People's Bank of China will continue to maintain its benchmark interest rate.

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