CIA Mole
SENIOR MEMBER

- Joined
- May 1, 2019
- Messages
- 3,254
- Reaction score
- -2
- Country
- Location

China rate cut signals possible stimulus for faltering economy
Central bank seeks to lower cost of short-term loans as credit growth weakens

China makes surprise rate cut as economic recovery loses steam | CNN Business
China’s central bank on Tuesday made a surprise cut to one of its key lending rates in a bid to shore up sputtering growth in the world’s second largest economy.

China's yuan strikes 6-month low after PBOC cuts interest rate
China's yuan weakened to a six-month low against the dollar on Tuesday, after the Chinese central bank lowered a short-term lending rate to help the economy through its shaky post-pandemic recovery. The People's Bank of China (PBOC) cut its seven-day reverse repo rate by 10 basis points to 1.90%...

terror king xi is the best thing to have happened to the west