China’s Monetary Policy Is Less Exposed to the Federal Reserve

摘要

U.S.Federal Reserve Chair Janet Yellen recently changed her cautious attitude and suggested in her speech on August 26that an increased interest rate is more likely to happen in the near future.Since Yellen didn’t elaborate on when the Fed would raise the rate,the global market still maintains a skeptical attitude.There are three rate negotiation meetings to be held in September,November