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China's dollar bond maturities could haunt Fed policy meetings

In September 2015, Fed cited risks from China as a key reason for delaying 1st rate hike in a decade

Reuters  |  Hong Kong 

In September 2015, the United States (US) Federal Reserve cited risks from China as a key reason for delaying its first interest rate hike in a decade. A wall of Chinese debt maturing in the next few years could jolt the country back into the US central bank's policy deliberations. Two years ago, it was a collapse in Chinese stocks, a surprise yuan devaluation and shrinking foreign exchange reserves that roiled financial markets that delayed the Fed, but it did raise rates three months later and has tightened further since. Now, some see risks emerging in China's ...

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First Published: Mon, July 24 2017. 12:17 IST
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