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Chinese Central Bank Interest Rate Decision Evokes Disappointed Reaction

Policymakers at the Central Reserve Bank of China took a halfway approach to enhancing policy stimulus at the August fixing of the 1- and 5-year loan prime rates for corporate borrowing and house mortgages, respectively. It was expected that each rate would be cut further following 10-basis point reductions in each done two months ago. […]... Read More
Posted: Aug 21 2023, 12:34
Author Name: feedburner
Views: 102156

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