China Announces Another Rate Cut as Growth Slowdown Worsens

Bloomberg News

China Announces Another Rate Cut as Growth Slowdown Worsens
Economic Slowdown
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(Bloomberg) -- China’s central bank cut a short-term policy rate as part of reductions initiated in July, as the nation’s domestic economic slowdown...

-- China’s central bank cut a short-term policy rate as part of reductions initiated in July, as the nation’s domestic economic slowdown deepens.Belfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportThe People’s Bank of China on Monday lowered the 14-day reverse repurchase rate to 1.85% from 1.95% previously. The central bank also injected 74.5 billion yuan of liquidity into the banking system via the tool, it said in a statement.

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