China state press: Fed cut eases pressure, gives PBoC more policy room ...Middle East

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China state press: Fed cut eases pressure, gives PBoC more policy room

Shanghai Securities News wrote that the Fed’s rate cut reduces the dollar’s dominance and reshapes global flows—a backdrop that gives Beijing more flexibility on policy.

Analysts say that could include scope for rate or RRR adjustments, though the PBoC is likely to time any move carefully.

    This article was written by Eamonn Sheridan at investinglive.com.

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