Surprise Rate Cut In China Follows Bad Economic Data - a podcast by BFM Media Sdn Bhd

from 2023-08-16T07:00:05

:: ::

China, in a surprise move, lowered the rate on its one-year loan by 15 bps, to 2.5%, the largest cut in 3 years. What forced the hands of the new governor of the People's Bank Of China, Pan Gongsheng? Carlos Casanova, Senior Economist at UBP tell us.

Image Credit: Shutterstock

Further episodes of Market Watch

Further podcasts by BFM Media Sdn Bhd

Website of BFM Media Sdn Bhd