China’s Surprise Cut Won’t Be Enough

<p>China surprised by cutting its one-year medium-term lending facility (MLF) rates by 15bp to 2.50% today to give a jolt to its economy that has not only completely missed the expectation of a great post-Covid recovery, but that deals with deepening property crisis, morose consumer, and investor sentiment – which is worsened by Country Garden […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/514313-chinas-surprise-cut-wont-be-enough/">China’s Surprise Cut Won’t Be Enough</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>