According to the National Bureau of Statistics, headline inflation in December inched up by 8.0% y/y. This marks a 0.1% rise from the 7.9% recorded in November and the second consecutive rise in inflation rate since October. In effect, inflation remained in single digits throughout 2013. The consumer price index […]
Tag: Central Bank
Analysis: Emerging market investors face year mined with political risks
As the tidal wave of global central bank liquidity recedes in 2014, emerging market investors are growing more anxious about local political risks – and how to spot them early on. Developing economies have had a rough ride since the Federal Reserve first mooted a wind-down of its money printing […]
Yellen gets final stamp of approval to head U.S. Fed
Janet Yellen, a key force behind the Federal Reserve’s unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus. When she succeeds Ben Bernanke, whose second four-year term as Fed chairman […]
