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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Reserve Requirement Rate

Photo: iStock
Posted inChina

Market expectations grow for follow-on interest rate cut

by Asia Times staff November 30, 2018February 18, 2020

Following Federal Reserve Chairman Jerome Powell’s recent speech hinting at slower interest rate hikes, the market expects that China’s central bank will likely follow suit and cut its interest rate, 21st Century Business Herald reported. Previously, a cut in the Reserve Requirement Rate — the minimum amount of reserves held by a commercial bank —had […]

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