China's Central Bank Cuts Rates Again To Boost Economy

It's another sign that PRC leaders are worried the slowdown is deepening too sharply.

Topics:  prc   
BING NEWS:
  • China's c.bank signals caution over credit boost as demand weakens
    There is still room for China's central bank to take steps to support the economy, but efforts are needed to prevent cash from sloshing around the banking system as real credit demand weakens, senior ...
    04/18/2024 - 4:26 am | View Link
  • China's cycle of dollar hoarding and weakening yuan gets vicious
    Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble ...
    04/17/2024 - 6:50 am | View Link
  • Fitch cuts outlook for China’s state-owned banks from stable to negative citing Beijing’s limited capacity to support them
    The move by Fitch Ratings comes a week after it cut its projection for the country’s sovereign credit rating, reflecting pessimism in the world’s second largest economy and concerns over Beijing’s ...
    04/16/2024 - 8:00 am | View Link
  • IMF expects central banks to cut rates in second half of 2024 as inflation falls
    Global central banks will begin cutting interest rates in the second half of the year as inflation declines, according to a new outlook from the IMF.
    04/16/2024 - 2:00 am | View Link
  • When are those rate cuts coming, already? The European Central Bank may be providing some hints
    Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut ...
    04/10/2024 - 8:35 pm | View Link
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