China to cut key lending rates by 10 points, bank reserve requirement ratio by 50 points

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 interest rates by 10 basis points and lower the reserve requirement ratio by 50 basis points, the…

This story appeared on cnbc.com, 2025-05-07 01:24:39.
The Entire Business World on a Single Page. Free to Use →