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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Sat Dec 25, 2010 6:53 am Post subject: |
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May not know Santa......but knows the Grinch. China raises rates on Xmas:
http://www.nytimes.com/reuters/2010/12/25/business/global/business-us-china-economy-rates.html?_r=1&hp
| Quote: | | "We expected a rate hike by the end of the year, though Christmas Day is something of a surprise -- a rate hike is not normally on the wish-list for Santa Claus, but in China's case this is a prudent move," said Brian Jackson, economist with Royal Bank of Canada in Hong Kong. |
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