China Warns West: Raising Rates Is Like “Slamming On The Brakes” | The People’s Talk Show

Jan 17, 2022 | Economic Collapse

China has warned the US and Europe against a rapid rise in interest rates that would “slam on the brakes” of the global recovery from the pandemic.

Central banks should maintain the monetary stimulus or risk “serious economic consequences” from the spillover effects with developing markets bearing the brunt.

List of articles discussed in this RTD Live Talk:

 

 

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