China raised a suite of key short-term interest rates for the second time since late January, just hours after the Federal Reserve’s latest monetary tightening, reinforcing Beijing’s perceived policy priority to boost its currency’s appeal and cool domestic asset inflation.
SHANGHAI—China raised a suite of key short-term interest rates for the second time since late January, just hours after the Federal Reserve’s latest monetary tightening, reinforcing Beijing’s perceived policy priority to boost its currency’s appeal and cool domestic asset inflation.
