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China to cut key rates by 10 points, bank reserve requirement by 50 points in bid to boost economy
cnbc.com/2025/05/07/china-to-cut-key-lending-rates-by-10-points-bank-reserve-requirement-ratio-by-50-points-.html
China's central bank and financial regulators announced sweeping plans on Wednesday to cut key interest rates in an effort to shore up growth in the face of trade worries.
China will cut the seven-day reverse repurchase rates by 10 basis points to 1.4% from 1.5%, the People's Bank of…
This story appeared on cnbc.com, 2025-05-07 02:07:58.470000.