CREDIT SUISSE: China's devaluation of its currency is a 'chaser shot to get ...

Business Insider  |   2015-08-22 00:03
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China's currency moves echo events in the United States circa 1927, when Benjamin Strong, then the governor of the Federal Reserve Bank of New York, convinced the Board of Governors to cut interest rates from 4 percent to 3 percent, despite a high ...
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