China’s central bank, the People’s Bank of China (PBOC), has cut key interest rates to stimulate economic growth amid ongoing challenges in the property sector and the broader economy. The seven-day reverse repo rate was reduced from 1.8% to 1.7%, the one-year loan prime rate (LPR) from 3.45% to 3.35%, and the five-year LPR from […]
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Go here to Read this Fast! China rate cuts elevate Bitcoin momentarily before retracement
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China rate cuts elevate Bitcoin momentarily before retracement