People's Bank of China signals interest rate reduction this year amid policy shift
Source: SeekingAlpha
2025-01-03 00:55:38 ET
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy approach, the Financial Times reported on Friday, citing comments the bank made to the newspaper....
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People’s Bank of China signals interest rate reduction this year amid policy shift
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