Experts: Nation should watch Fed rate moves

Inflation factors may not push the US Federal Reserve to tighten its monetary policy in the short term, but China nevertheless needs to watch out for possible changes in the Fed stance, experts said on Wednesday.

China also needs to keep its own monetary policy in shape so as to prevent inflationary pressures, they said.

Inflation in the United States has risen notably in recent months, but the rise has been on low readings relating to the early period of the COVID-19 pandemic.