UP 133: Costs of prioritising economic growthK


Manage episode 218591583 series 1161330
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Another cut in Chinese banks’ reserve requirements shows that the PBoC is more interested in supporting economic growth than it is worried about containing inflation. The new Italian government has no inflation to worry about but it also wants to give its economy a lift, even if it does mean breaking the EU Commission’s fiscal rules. In both cases, international investors do not seem impressed.

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