As Fed fog lifts, central bankers keep puzzling over China

December 17, 2015 6:04 AM

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As Fed fog lifts, central bankers keep puzzling over China

SAN FRANCISCOThe world’s central banks are scrambling to assess the risk a slowing China poses to their economies and appear to be no closer than most other observers to working out what is going on in the world's second largest economy.

While the Reserve Bank of Australia and the Bank of Japan have offices in Beijing, the U.S. Federal Reserve and the European Central Bank appear to rely on the same data - that may be flawed - as everyone else.

Also read: Russian Central Bank: Hackers Stole $31 Million From Correspondent Accounts

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