The People’s Bank of China Isn’t Fooling Anyone With Its Latest Interest Rate Cut

The People’s Bank of China (PBOC) kicked off a new easing cycle on Monday by lowering interest rates for the first time in four years – a move designed to safeguard against further trade-war turbulence. For all the talk about President Trump being “easy to read,” China doesn’t seem to be fairing too well in […]

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The People’s Bank of China Isn’t Fooling Anyone With Its Latest Interest Rate Cut written by Sam Bourgi @ https://www.ccn.com/pboc-interest-rate-cut-not-fooling-anyone/ November 19, 2019 Sam Bourgi

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