China maintains key lending rates despite outsized Fed rate cut
The Straits Times|September 21, 2024
But market watchers believe more stimulus will be rolled out to boost ailing economy
China maintains key lending rates despite outsized Fed rate cut

China unexpectedly left benchmark lending rates unchanged at the monthly fixing, confounding market expectations that were primed for a move after the US Federal Reserve delivered an outsized interest rate cut earlier this week.

However, market watchers widely believe further stimulus will be rolled out to prop up an ailing economy, as the Fed's aggressive easing offers Beijing leeway to loosen monetary policy without unduly hurting the renminbi.

هذه القصة مأخوذة من طبعة September 21, 2024 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 21, 2024 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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The Straits Times

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The Straits Times

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