Tag Archives: interest rate cut

China’s central bank cuts interest rates due to market slump

The BBC reports: “The People’s Bank of China cut its key lending rate by 0.25 percentage points to 4.6% in an effort to calm stock markets after two days of turmoil. It is the fifth interest rate cut since November … Continue reading

Posted in Uncategorized | Tagged , , , , | Comments Off on China’s central bank cuts interest rates due to market slump