Estimated reading time: 0 minutes, 18 seconds
China’s Currency Devaluation Could Delay Interest Rate Hike
Fears that China’s recent currency devaluation will make U.S. products less attractive in the country and stymie demand for natural resources may make it less likely that the Federal Reserve will raise interest rates next month. So reports CNN Money.
The currency devaluation has caused equity volatility across the globe.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
-
-
-
Nov 07 2012
-
Written by Administrator
-
-
-
Mar 09 2013
-
Written by Staff Writer
-
-
-
Nov 07 2012
-
Written by Administrator
-