China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters
China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters

China follows US Fed by raising money market rates

The last hike was in March, when the People’s Bank of China responded to a similar move across the Pacific

Topic |   China economy
China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters
China’s central bank has raised its interbank policy rate by 5 basis points after the Fed announced rate hikes again. Photo: Reuters
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