Friday 17 March 2023

China makes surprise rate cut to boost banking liquidity and the economy

China's central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial system and prop up the economy.

from CNN.com - RSS Channel - HP Hero https://www.cnn.com/2023/03/17/economy/china-reserve-requirement-ratio-cut-intl-hnk/index.html
via https://www.cnn.com/index.html

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