Easy Money: China Slashes Rates, Injects $138.5B to Shield Economy From Trade War Impact

China’s cardinal slope slashed cardinal involvement rates and injected $138.5 cardinal into its fiscal strategy to bolster an system battered by U.S. commercialized tensions and home challenges. PBOC Unveils Sweeping Rate Cuts Reuters reported that the People’s Bank of China (PBOC) chopped its seven-day reverse repurchase complaint by 10 ground points to 1.4%, effectual May […]