China Cuts Reserve Requirement

Deep-pocketed government has also cut taxes for small firms to help cope with credit squeeze and weaker exports

BING NEWS:
  • Michele Bullock is right to move cautiously on interest rate cuts
    There are reasons to suspect that domestic inflationary pressures, from income tax cuts to wage pressures, could prove even more stubborn than in the US.
    03/18/2024 - 7:20 pm | View Link
  • ASX 200 edges into green ahead of RBA; ANZ CEO says rate cuts may not come this year; iron ore rebounds
    Welcome to the Trading Day blog for Monday, March 18. The ASX 200 index closed up just 5.5 points at 7675.80 points after mixed China economic data and as investors await the RBA and other key central ...
    03/18/2024 - 4:48 am | View Link
  • Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts
    Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates.
    03/18/2024 - 3:09 am | View Link
  • Wall Street Shifts Focus to the Federal Reserve
    Wall Street closed lower as investors awaited insights from the Federal Reserve’s upcoming policy meeting regarding potential rate cuts. The S&P 500 recorded its second consecutive weekly decline, ...
    03/17/2024 - 7:18 pm | View Link
  • Valuations in focus as rate cuts questioned
    The 10-year bond yield has jumped 22 basis points to 4.29 per cent this week as US CPI and producer price index (PPI) data overshot estimates. After the US inflation data this week, the market-implied ...
    03/15/2024 - 8:34 am | View Link
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