UPDATE 1-China c.bank cuts medium-term loan rate for 1st time since 2016 as growth cools
China’s central bank cut the
interest rate on its medium-term lending facility (MLF) on
Tuesday for the first time since early 2016, as policymakers
work to prop up a slowing economy hit by weaker demand at home
and abroad.
interest rate on its medium-term lending facility (MLF) on
Tuesday for the first time since early 2016, as policymakers
work to prop up a slowing economy hit by weaker demand at home
and abroad.
Posted by Reuters
