China central bank likely to cut interest rate for second time

April 14, 2022 9:29 AM

BEIJING (BLOOMBERG) – China’s central bank is expected to cut its key policy interest rate for the second time this year on Friday (April 15) and reduce the reserve requirement ratio within days to help bolster a faltering economy under strain from Covid lockdowns.

Source : https://www.straitstimes.com/business/economy/china-central-bank-likely-to-cut-interest-rate-for-second-time