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CHINA HOME PRICES RISE FURTHER

“The Executive Board has met on previous occasions to consider developments related to the legal proceedings in France.  It is expected that the Board will meet again shortly to consider the most recent developments.” IMF spokesman Gerry Rice said in a statement,...

2017 OUTLOOK

“Adherence to the One China policy is the political bedrock for development of [bilateral relations with the U.S.].  If compromised, there will be nothing to discuss on co-operation in major fields.” Geng Shuang, China foreign ministry spokesman, 12/12/16 FAST FACTS...

IRRATIONAL EXUBERANCE, OR SIMPLY DENIAL?

“Assuming the economy stays on this trajectory, I would favor making monetary policy somewhat less accommodative over time by gradually pushing up the level of short-term interest rates.” William Dudley, Federal Reserve Bank of New York President, 12/05/16 FAST FACTS...
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