Federal Reserve Vice Chair Stanley Fischer said on Saturday it was not clear to him how Fed policy discussions could affect China's stock market, as Chinese officials have suggested. Fischer was asked about the issue by a professor from China's Tsinghua University during a monetary policy conference here. China's stock market "went up to a multiple of 70 when people knew our policy and it collapsed to 17 when they also knew our rate policy. Read More http://ift.tt/1LCnEtJ
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Saturday, August 29, 2015
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