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These brief essays delve into the economic issues of the day for a generally informed readership.

2011, No. 17 (Posted 2011-06-23)

RMB Appreciation and U.S. Inflation Risk

by Mingyu Chen and Yi Wen

If oil prices continue to rise and the RMB continues to appreciate, the U.S. inflation rate may increase at a faster pace in the near future. And this would have an unwelcome impact on consumers’ wallets.

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