HomeNewsWorldOne more Chinese rate hike on cards: Capital Economics Grp
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One more Chinese rate hike on cards: Capital Economics Grp

Capital Economics Group's China economist, Mark Williams, in an interview with CNBC-TV18’s Elan Dutta discussed the recent rate hike and what different emerging markets are doing to curb core inflation. He says, one more rate hike is on the anvil in 2011.

February 09, 2011 / 10:36 IST
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Trying to combat inflation in the best way possible, China has raised its lending and deposit rates by 25 basis points each. The rate hikes will be effective February 9, 2011. One year deposit rates have gone up as well to 3% while one-year lending rates have gone up to 6.06%.

Capital Economics Group's China economist, Mark Williams, in an interview with CNBC-TV18
TAGS: #Capital Economics Group #china rate hike #China's economy #Commodities #Core inflation #deposit rates #Elan Dutta #emerging markets #lending rates #Mark Williams #World News
first published: Feb 9, 2011 08:57 am

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