Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
SHANGHAI Healthy financial institutions are a prerequisite for preventing a financial crisis, and further opening will help build a strong and competitive financial sector, China's central bank governor Zhou Xiaochuan said on Tuesday.
SHANGHAI China's central bank left interest rates for open market operations unchanged on Thursday, shrugging off an overnight increase in the U.S. Federal Reserve's key policy rate.
SHANGHAI A small majority of traders in China's financial markets think its central bank will likely raise short-term interest rates this week if the U.S. Federal Reserve hikes its key policy rate, as widely expected, according to a Reuters poll.
SHANGHAI, June 2 The Chinese yuan ended a holiday-shortened week just off seven-month highs, jumping sharply higher after China's central bank took aggressive steps to prop up the currency, a move that has left traders and analysts guessing at its motivations.
SHANGHAI China is changing how it calculates the yuan's guidance rate for the second time this year as it steps up efforts to stabilize the currency and reduce price swings, but some analysts and traders say they are not certain how the process will work.
SHANGHAI China's central bank injected fresh funds through a medium-term lending facility on Friday while keeping a tight rein on short-term funding in what appeared to be a further effort to dampen speculative investment while keeping the economy adequately funded.
SHANGHAI China's renewed efforts this month to curb the volume of cash in its banking system do not so far appear to have caused much stress in money markets, although the steady rise in yuan bond yields suggests market participants are bracing for tighter and more expensive funding conditions.
SHANGHAI China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight.
SHANGHAI China's central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of policy tightening as the economy shows signs of steadying.
SHANGHAI China's central bank raised interest rates on a key funding tool, the medium-term lending facility (MLF), on Tuesday in its latest bid to cut debt levels and bolster financial stability.