The PBOC's seven-day reverse repo rate, its new benchmark policy rate since last year, stands at 1.5% after a total of 30 basis point (bps) cuts in 2024. It is 203 bps lower than in May 2012, the ...
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to ...
On the heels of the Central Bank transitioning to a single policy rate from a dual policy rate structure for implementing and ...
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
Did you know that there’s a naturally occurring hormone produced by some women’s bodies that prevents uterine cancer? It’s a new discovery, but it’s true. Sounds perfectly reasonable, doesn’t it?
On December 20, 2024, the Securities and Exchange Commission (SEC) issued a final rule amending SEC rules 15c3-3 (the customer protection rule) ...
The card earns bonus points for travel and dining-related spending, which can be redeemed for more value through Chase. It piles on the perks, too, but they come at a price. With a big sign-up ...
The People’s Bank of China (PBoC) has said it will cut banks’ reserve requirement ratios (RRRs) and interest rates at an ...
By strengthening the potency of monetary easing in a multipronged manner, the unfolding policy pivot can deliver real economic momentum against domestic and external headwinds, with both economic ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
The monetary policy committee of the People’s Bank of China (PBC) advised to strengthen monetary policy regulation, including ...
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