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15 Feb 2017
Japan’s Aso: No one thinks volatile rises or falls in FX is good
More comments from Japanese fin min Aso, via Reuters, this time speaking on the Chinese economy; US interest rates hike and fx volatility.
Key Headlines:
If US were to raise rates 3 times this year, risks would rise for emerging economies
It’s clear that China's economic growth won't continue
It's about how and when the Chinese economy turns sour
No one thinks volatile rises or falls in FX is good
In principle, the market decides long-term rates