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McKinnon China should lower the expectations of RM

 
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Dołączył: 13 Gru 2010
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 PostWysłany: Czw 12:09, 20 Sty 2011    Temat postu: McKinnon China should lower the expectations of RM Back to top

McKinnon: China should lower the expectations of RMB appreciation


Public pressure, an economist at Stanford University, McKinnon insisted heavyweight against the yuan continues to appreciate,[link widoczny dla zalogowanych], it seems that he is playing on the issue of RMB exchange rate, McKinnon said: balance, interest rates will rise, resulting in deflation. compared to July 2005 2lL 』ago, opinions differ, and now, the future of the renminbi is expected to be even higher.parties to force revaluation of blood is no longer so radical, they have to cut the U.S. deficit, and its huge trade deficit Ning from China as part of, but they ignore the real cause of the trade deficit caused by the United States has enormous financial deficit and low personal savings,[link widoczny dla zalogowanych], foreign borrowing needs, resulting in a large trade deficit. Many politicians forget the deficit, that could be amended to allow the yuan to appreciate the trade deficit, it is not right, not only useless, but also may cause confusion in China. Bank of England: The market focus from interest rates to commercial members of the Bank of England Monetary Policy Committee of U near Walton,[link widoczny dla zalogowanych], said the Bank of England Monetary Policy Committee is set to focus corporate law from the interest rate to a more wide range of business activities. Local media quoted a British report on the interview Walton, Walton, northeast England in the study, said that enterprises in the region increased fuel costs and technical issues such as availability of concerned. Walton pointed out that long evaluation of King's performance is not high, he thought that monetary policy becomes King phase, boring. Some economists said the Bank of England to reduce interest rates is necessary. GeorgeBuckley British economist at Deutsche Bank,[link widoczny dla zalogowanych], said,[link widoczny dla zalogowanych], Committee since its establishment in 1997, the Bank of England called Ji the lO0 various meetings, meetings related to interest-bearing account for which I 31. In the past nine months, the Bank of England interest rates unchanged at 4.5%. This will help to help more than the UK public will pay attention to overseas Economic Review Journal 33


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