PBOC warns against blind optimism about inflation

08/4/2013 | Market News International · Reuters · Reuters

The People's Bank of China says the nation hasn't yet implemented a foundation for stabilizing consumer prices and that there is still danger that inflation expectations will reignite. "[We] should be not be blindly optimistic about the inflation outlook and will continue to guide and stabilise inflation expectations," according to a report from the central bank.

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Market News International · Reuters · Reuters

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