Finance

July 12, 2021

China is set to inject 1 trillion yuan in long-term liquidity into the economy

The People’s Bank of China said on Friday that it would cut the reserve requirement ratio (RRR) by 50 basis points for all banks. The new order is set to take effect from July 15.“We think this br...

Editors Pick

March 04, 2020

Federal Reserve Emergency Rate Cut

In an attempt to insulate the US economy from the novel coronavirus pandemic, the Federal Reserve announced an emergency rate cut on Tuesday. Through the rate cut, the Feds slashed market interest rat...