Tag: #Interest Rate

Financial experts call for China to cut rates in line with Fed

Xie Jun March 20, 2020

Financial experts call for China to cut rates in line with Fed

Beijing. Financial experts in China have called for China's central bank to reduce its benchmark deposit interest rates "as soon as possible" after the US Federal Reserve's surprising 100-basis-point rate cut overnight, as China's economic downturn - worsened by the coronavirus - raises demands for stronger policy stimulus....More