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China econ survey: How economists see central bank's move?

Business

2019-03-08 19:27

To get you a better view of how the Global economy is faring, Global Business surveyed economists across the greater China region.

The outlook for USD/CNY in 2019. /Source: CGTN Global Business economists' survey.

We are moving to detail results in monetary affairs. Forty-eight percent of the economists we surveyed think the yuan would rise against the dollar in 2019, while 43.5 percent anticipate a rising dollar.

Central banks' key interest rates. /Source: CGTN Global Business economists' survey.

Meanwhile, more than half of the participants believe that Japan, the European Union and Australia would keep their key interest rates unchanged. A small group of them think these central banks would raise the rates.

Interest rate hikes from the Fed. /Source: CGTN Global Business economists' survey.

The views of U.S. Federal Reserve are different from the rest, more than 60 percent of those surveyed said that the U.S. would likely raise rates this year. And 95 percent of people who believed there would be "interest hikes" expect two or fewer increases.