(Bloomberg) -- China's Premier Wen Jiabao signaled
the central bank may need to raise interest rates or curb bank
lending to prevent the world's fastest-growing major economy
from overheating.
Monetary policy needs ``moderate tightening,'' Wen said in
a statement on the government's Web site last night after
chairing a cabinet meeting. He didn't give a timetable or
specify what action the government may take.
Read more at Bloomberg Emerging Markets News
the central bank may need to raise interest rates or curb bank
lending to prevent the world's fastest-growing major economy
from overheating.
Monetary policy needs ``moderate tightening,'' Wen said in
a statement on the government's Web site last night after
chairing a cabinet meeting. He didn't give a timetable or
specify what action the government may take.
Read more at Bloomberg Emerging Markets News
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