A New York Federal Reserve research paper considers the impact of a scenario in which a credit-fueled boom in manufacturing activity produces higher-than-expected economic growth in China. "A key finding is that such a boom would put meaningful upward pressure on U.S. inflation."In brief:Government-supported manufacturing growth in China could make U.S. inflation persistently highBeijing's policies designed to spur manufacturing activity can help lift the Chinese economy out of weak household demand, high indebtedness and demographic and political headwinds to growthBut, while the resulting increased production could reduce global prices of Chinese exports, increased Chinese production "woul
Hence then, the article about ny fed researchers say says manufacturing growth in china could boost us inflation was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( NY Fed researchers say says manufacturing growth In China could boost US Inflation )