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China’s Prices Are Climbing, But Mostly For The Wrong Reasons – And The US Treasury Secretary Issued A Warning To Traders

Published 4 weeks, 1 day ago
Description

Inflation in the world’s second biggest economy rose last month, but it’s not really consumer demand driving prices up – and America’s Treasury Secretary has been trying to prop up the Japanese yen and curb runaway US bond yields, with some words for traders who dared to question him.

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