If they're not considering to weaponise the yuan, then they have to do something else. Interest rate and reserve ratio requirement cuts are very much expected already but the suggestion in the headline here is that they might go big in the next round.
The aussie is getting a minor lift from this, up from 0.6025 earlier to a high of 0.6060 before pulling back a little. With peak fear in markets, it'll be hard to sustain a turnaround just on this alone.
Read More Details
Finally We wish PressBee provided you with enough information of ( China reportedly considers frontloading stimulus to counter hit from tariffs )
Also on site :
- 'General Hospital' Fans Brace for 'Slap in the Face' amid Star's Return
- Billionaire Telegram founder leaves his $14 billion fortune to the 100+ children he’s fathered—which means $132 million for each lucky Gen Alpha kid
- Wrong-way crash on I-80 in Colfax kills 2 people