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Roach Says China Interest Rate Cut Not `Sign of Panic'

July 6 (Bloomberg) -- Stephen Roach, a professor at Yale University and former non-executive chairman for Morgan Stanley in Asia, talks about People's Bank of China and European Central Bank monetary policies and their economic implications. In a 45-minute span, the PBC and ECB cut their benchmark borrowing costs yesterday, while the Bank of England raised the size of its asset-purchase program. Roach speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)Auteur: BloombergTags: Brazil Cut China Economy Pacific Rim Asia Bond Market News English Multimedia Interest Panic Europe Gepost: 06 juli 2012Beoordeling: 0.0Stemmen: 0]]>

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