China's Surprise Rate Cut Boosts Hopes Of Global Action

China

BEIJING (Reuters) - China delivered a surprise interest rate cut on Thursday to combat faltering growth, underlining concern among policymakers worldwide that the euro area's deepening crisis is threatening the health of the global economy.

Sections:  news   world   business   
Topics:  asia   china   economic growth   economy   global economy   interest rate   
RELATED ARTICLES
BING NEWS:
  • Instant View: March US CPI surprise may stay Fed's hand on June cut
    U.S. consumer prices increased more than expected in March amid rises in the costs of gasoline and shelter, casting further doubt on whether the Federal Reserve will start cutting interest rates in ...
    04/10/2024 - 2:14 am | View Link
  • Fitch cuts China's ratings outlook on growth risks
    BEIJING, April 10 (Reuters) - Fitch cut its outlook on China's sovereign ... S&P, the other major global rating agency, also rates China A+, the equivalent of Moody's current A1 rating.
    04/9/2024 - 11:09 pm | View Link
  • Gold prices hit new record as China's central bank ups reserves and UBS eyes $2,500
    It has also been elevated in recent weeks by impending hopes of interest rate cuts by the US Federal ... Analysts from UBS Global Wealth Management predict gold exchange-traded fund holdings ...
    04/8/2024 - 3:49 am | View Link
  • China’s yuan: central bank sees resolve for stable currency, stimulus tested as Fed holds firm on rates
    Most analysts expect interest rate differentials between China and the US to remain significant until the Federal Reserve begins its first rate cut this ... chief global economist for Bank of ...
    04/4/2024 - 7:00 pm | View Link
  • Can China’s hopes that Shanghai Cooperation Organisation will offer new model for international relations come to pass?
    China has high hopes that the Shanghai Cooperation Organisation ... many diplomatic analysts say it still holds little sway on global issues, including the wars in Ukraine and the Middle East.
    04/2/2024 - 2:04 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News