US Federal Reserve Chair Jerome Powell. Photo: Getty Images US Federal Reserve Chair Jerome Powell. Photo: Getty Images
US Federal Reserve Chair Jerome Powell. Photo: Getty Images

China ‘ahead of US’ in monetary policy adjustments, as US Fed revamps interest rate predictions

  • Chinese financial officials have long talked about spillover effects from US Federal Reserve policy moves – such as pressure on the yuan exchange rate
  • US Fed policy tends to impact the global forex market and cross-border capital flows, and Beijing paid a hefty price in the last cycle of rising interest rates

Topic |   US Federal Reserve
US Federal Reserve Chair Jerome Powell. Photo: Getty Images US Federal Reserve Chair Jerome Powell. Photo: Getty Images
US Federal Reserve Chair Jerome Powell. Photo: Getty Images
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