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China reportedly considering broad stimulus package to bolster economic support

The package is said to include at least a dozen stimulus measures, encompassing interest rate cuts to support the property sector as well as spur domestic demand. It is reported that a key part of the proposed package is to support the real estate market but the plan is yet to be finalised and may be subject to change.I reckon we're already starting to see bits and pieces of that with all the bank deposit rate cuts and also the latest cut to the reverse repo rate earlier today here. In any case,... Read More

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China

Reportedly

Considering

Broad

Stimulus

Package

Bolster

Economic

Support

Forex

Posted: Jun 13 2023, 07:07

Author Name: forexlive

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