Trump Take Note: U.S. Monetary Policy Increasingly Made in China
- Fed delayed rate hikes partly in response to Chinese actions
- U.S. monetary policy influenced by financial conditions
A Chinese woman adjusts a Chinese flag near US flags before the start of a Strategic Dialogue expanded meeting between China and the US during the US-China Strategic and Economic Dialogue held at the Diaoyutai State Guesthouse in Beijing on July 10, 2014. The US and China discussed trade and business concerns on July 10 -- with currencies and property rights among the thorny issues on the agenda -- as the world's two biggest economies held wide-ranging annual talks. AFP PHOTO / POOL (Photo credit should read NG HAN GUAN/AFP/Getty Images)
Photographer: Ng Han Guan/AFP via Getty ImagesThis article is for subscribers only.
Here’s something else for Donald Trump to fulminate about. U.S. monetary policy is increasingly being made in China, not in the good old U.S. of A.