After months of wide-scale economic deterioration in China, the People's Bank of China and the central government are finally taking action with three waves of stimulus measures today. The PBOC first makes a surprise cut to the 7-day reverse repo rate before market open on Tuesday, followed by a Bloomberg report of a broad based stimulus package at the end of the trading day, and finally a late-evening announcement of cuts to three standing lending facility rates. Yet, the overall market response was that of deafening silence. Weston Nakamura walks through each of the stimulus measures, as well as what the anemic market response means, and what to look for next.
LikeYou
收藏
分享給好友
分享
檢舉
檢舉原因
感謝您的建議!
相關推薦
留言
0/1000
最熱門
最新
檢舉原因
感謝您的建議!
簡介
How Are Markets Responding To China's Sudden Rate Cuts?