China’s central bank may not cut rates soon. This is despite the expected rate cut by the US Federal Reserve. Policymakers are balancing economic growth with stock market concerns. They want to avoid a repeat of past market crashes. Weak economic data is increasing pressure for stimulus. However, a hot stock market complicates the decision.
​China’s central bank may not cut rates soon. This is despite the expected rate cut by the US Federal Reserve. Policymakers are balancing economic growth with stock market concerns. They want to avoid a repeat of past market crashes. Weak economic data is increasing pressure for stimulus. However, a hot stock market complicates the decision. by Soban News (international And National News)