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While the Fed has no 'guts', the PBOC is on steroids

Shuli Ren
Shuli Ren • 3 min read
While the Fed has no 'guts', the PBOC is on steroids
SINGAPORE (Sept 23): It is debatable whether the US Federal Reserve has sense, vision or “guts”. But one thing is certain: The US central bank has become a weakling. The People’s Bank of China, on the other hand, is loaded with technocrats on steroi
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