1. Battle at Heart of Markets.
- Author
-
BARLEY, RICHARD
- Subjects
- *
BOND market , *INVESTORS , *INTEREST rate policy , *PRICE deflation , *RENMINBI , *ECONOMICS ,ECONOMIC conditions in Great Britain, 1997- ,ECONOMIC conditions in China, 2000- ,UNITED States economy, 2009-2017 - Abstract
The article discusses the state of global markets, particularly bond markets, as of late August 2015 and confusion among investors. It states that growth in developed countries such as the U.S. and Great Britain was prompting the central banks the U.S. Federal Reserve and the Bank of England to consider raising interest rates, and contrasts that with the sluggish economic performance and deflation of developing economies such as China, which devalued its currency the yuan earlier in August.
- Published
- 2015