New Chinese central banker

AS Australians know only too well, central bankers are often among the most powerful players given their influence over interest rates.

Statements or utterances from the likes of Glenn Stevens and Ben Bernanke - even their menu choices - are picked over in detail by analysts hoping to gauge their next monetary move.

Much the same attention is beginning to be paid to China's central bank even though the "People's Bank of China" is less independent - and far less transparent - than most.

With China's economy slowing, expect the PBoC to weigh in with rate cuts and further easing on the level of assets commercial banks need to deposit with it.

In the meantime, the central bank of the world's second biggest economy has just appointed three new members to its monetary policy committee.

Read more at Brisbanetimes.com.au

Topics:  china, chinese economy, people's bank of china



Local Real Estate

finda logo
Featured Real Estate
MUST BE SOLD!!! offers above...
House 6 2 5
TELINA DREAMING $439,000
House 4 2 2
EYE-CATCHING... $550,000
House 4 2 2

Featured Jobs

finda logo

Northern Rivers jobs listed daily


Featured Jobs
ALWAYS WANTED TO RUN... ALWAYS WANTED TO RUN YOUR OWN BUSINESS? Why not start in time ...
[Opportunities with APN]... [Opportunities with APN] Buckets of Enthusiasm & Drive Ballina Based - Multi ...



Local Partners

Local Profile

Stay Connected

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Horoscopes

Libra

No one can cramp your style today as the Moon and Mars indicate a strong drive to get mobile and physical. This is advisable. Someone is...

read more

Marketplace

Special Offers & Promotions

Compare & Save