"There are also important geo-strategic elements to the situation, which is one reason why nations outside Europe are taking such an interest."
"China's economy and financial system are going through a period of adjustment and uncertainty."
..." likelihood still seems to be that US interest rates will begin to rise before the end of this year. ... Some turbulence may well occur as a result not of the first increase in US rates, but of investors trying to assess how soon subsequent increases might occur. "
Excerpts from speech :
"China's economy and financial system are going through a period of adjustment and uncertainty."
..." likelihood still seems to be that US interest rates will begin to rise before the end of this year. ... Some turbulence may well occur as a result not of the first increase in US rates, but of investors trying to assess how soon subsequent increases might occur. "
Excerpts from speech :
Issues In Economic Policy-Glenn Stevens , Governor
Address to the Anika Foundation Luncheon
Supported by Australian Business Economists and Macquarie Bank
Sydney – 22 July
Sydney – 22 July
Note: This blog offers no investment advice. The views
expressed here are without any risk or responsibility.
No comments:
Post a Comment