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bletbcuerDate: Wednesday, 2014-08-20, 10:48 PM | Message # 1
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Industrial & Commercial Bank of China, the country's largest lender, was down 0.92 percent to 4.29 yuan. China Merchants Bank lost 1.97 percent to 12.96 yuan. <a href=>basket air jordan</a> Though the possibility of another round of quantitative easing, or printing money, was not mentioned in the Fed's statement, analysts believe the US will carry on with a relatively loose monetary policy to tackle its debt problems. <a href=>hollister uk sale online</a> The yield on the 10-year Treasury note fell much of the morning, to 2.38 percent from 2.57 percent late Friday. A bond's yield drops when its price rises. The 10-year note's yield fell as low as 2.06 percent in 2008. <a href=>discount fitflops sale</a> Lu Zhengwei, chief economist at Industrial Bank, said the trend will be an accelerating CPI, but its growth strength will remain modest for the country to handle. US Congress was moving yesterday to overturn a court decision and reaffirm that the government has the "right" to impose higher tariffs on goods from China and other countries that subsidize their exports to the United States.

Inflation has eased since last fall and is expected to stay mild. In 12 months that ended in February, prices rose 2.7 percent - below last year's peak year-on-year rate of 3.9 percent.
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