Jul
29
Central Banks Meet, China Embraces Dollar, Fiscal Boost: Eco Day
By-
Mnuchin says U.S. will keep growing at 3%, despite Fed’s view
- Theresa May’s team is terrified that EU talks will fail
- Central bankers in the U.S., Japan, U.K., Brazil and India will meet to set their respective policies this week. President Trump is casting a political shadow over the Fed, while the time seems right for another rate hike in India. The Bank of Japan, sometimes dubbed the Tokyo whale for its market influence, may be about to change its habits
- China once railed against the dollar’s outsize role. But in a marked turnaround, it’s now come to embrace the greenback…
Central Banks Meet, China Embraces Dollar, Fiscal Boost: Eco Day