Home Business China made the deepest cut since 2020 to a key interest rate before posting a disappointing July report card

China made the deepest cut since 2020 to a key interest rate before posting a disappointing July report card

Kate Aug 15, 2023 comments off

The People’s Bank of China slashed its one-year medium-term lending facility rate by 15 basis points to 2.5%, marking the deepest cut since 2020…
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