BEIJING: ‘ CHINA’S GROWTH COULD SLOW DUE TO WEAKENING PROPERTY INVESTMENT ‘

#AceFinanceNews – BEIJING:Dec.14 – China’s economic growth could slow to 7.1 percent in 2015 from an expected 7.4 percent this year, held back by a sagging property sector, the central bank said in research report seen by Reuters on Sunday.

Stronger global demand could boost exports, but not by enough to counteract the impact from weakening property investment.

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BRUSSELS: ‘ US FEDERAL RESERVE SIGNALS END OF EASY MONEY PLEDGE ‘

#AceFinanceNews – BRUSSELS:Dec.14 (Reuters) – The U.S. Federal Reserve would give the clearest signal next week that its easy money stance is ending if, as some expect, it drops its two-year long pledge to keep interest rates close to zero for a “considerable time”.

The Fed, which meets on Tuesday and Wednesday, first inserted that wording in its post-meeting statements in December.

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