Saturday, 28 September 2024

Weekly Focus – China Makes a Big Push to Turn the Economy

by BD Banks

The big news this week was the barrage of new stimulus measures from China. At an economic briefing on Tuesday, People’s Bank of China and financial regulators announced a wide range of measures to shore up the ailing economy: the policy rate was cut by 30bp, Reserve Requirement Ratios for banks were cut by 50bp, measures […]

The post Weekly Focus – China Makes a Big Push to Turn the Economy appeared first on Action Forex.

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