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Economic performance of china

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Reference no: EM131557883

The People's Bank of China, the country's central bank, raised the reserve requirements of its top commercial banks to put a squeeze on the credit market following a spell of robust economic growth. (Source: International Business Times, October 11, 2010). If the United States had the economic performance of China, what monetary policy actions would the Fed's most likely take?

Reference no: EM131557883

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