By DAVID BARBOZA
Published: October 19, 2010 China's Central Bank said it would raise interest rates for the first time in nearly three years, apparently in the hopes of dampening inflation and cooling off the hot property market. |
Surprise Move by China on Rates Rattles MarketsQuicklink Submitted By Margaret Bassett 1 comment
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By DAVID BARBOZA
Published: October 19, 2010 China's Central Bank said it would raise interest rates for the first time in nearly three years, apparently in the hopes of dampening inflation and cooling off the hot property market. |
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