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FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2