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PBOC(China) may hike interest rates in second quarter: report
MarketWatch ^ | April 7, 2010 | Chris Oliver

Posted on 04/06/2010 10:23:12 PM PDT by Cheap_Hessian

HONG KONG (MarketWatch) -- China's central bank could raise interest rates in the current quarter, according to a local media report.

The rate hike is being considered as economic growth in the first quarter may exceed 11%, according to reports which cited People's Bank of China adviser Li Daokui in comments made to the China Securities News.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: centralbanks; china; interestrates; pboc

1 posted on 04/06/2010 10:23:13 PM PDT by Cheap_Hessian
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