China: Central Bank Cuts Benchmark Interest Rates In A Bid To Shore Up An Economy Facing A Slowdown


Source: swarajyamag.com swarajyamag.com

Key Topics in this News Article:

News Snapshot:

China: Central Bank Cuts Benchmark Interest Rates In A Bid To Shore Up An Economy Facing A Slowdown [Swarajya Staff] - Jan 20, 2022 12:02 PM Snapshot China’s central bank cut its benchmark interest rates for the second consecutive month in a bid to shore up an economy that is facing a slowdown. China’s central bank cut its benchmark interest rates for the second consecutive month in a bid to shore up an economy that is facing a slowdown. The People’s Bank of China lowered its one-year loan prime rate – on which most new and outstanding loans for corporates...