China’s Central Bank raises rates 25 basis points

China’s Central Bank moved to raise interest rates 25 basis points to slow inflation in the world’s most robust economy. Chinese Central banker’s remain confident about their long term growth. There is now a disparity between the old world economy’s, the U.S. and Europe, where Central banker’s are figuring out ways to effectively ease rates and the new world economy’s that are now experiencing tremendous growth and need to raise rates to combat inflation.

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