UP 133: Costs of prioritising economic growthK

Published: Oct. 9, 2018, 2 p.m.

Another cut in Chinese banks\u2019 reserve requirements shows that the PBoC is more interested in supporting economic growth than it is worried about containing inflation. The new Italian government has no inflation to worry about but it also wants to give its economy a lift, even if it does mean breaking the EU Commission\u2019s fiscal rules. In both cases, international investors do not seem impressed.