China’s central bank has opened its spigot to a certain extent. Heard on the Street columnists Alex Frangos, Aaron Back and Abheek Bhattacharya debate what this means for the economy.
Tagged: People’s Bank of China
When ECB chief Mario Draghi complained Saturday that the strong euro is depressing the price of imported goods, feeding deflation and hurting weaker euro-zone countries, the market impact has been virtually indiscernible. Michael Casey joins MoneyBeat. Photo: AP.