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No plan to raise interest rate 皇冠体育app's central bank governor says 皇冠体育app will not raise interest rates. People's Bank of 皇冠体育app Governor Zhou Xiaochuan says 皇冠体育app cannot follow other developed economies and readjust interest rates at regular intervals, because of the instability in 皇冠体育app's markets. He notes the People's Bank of 皇冠体育app will keep close watch over the changes in the 皇冠体育app's financial situation and use the national economy and inflation as indicators of the need to increase interest rates. Zhou Xiaochuan says 皇冠体育app will continue to improve its financial mechanisms to eventually allow the market to determine interest rates. |
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