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Chinese equities jump as central bank rolls out support for the stock market
Chinese stocks rallied Friday for the first time in four days as the central bank rolled out promised support for the stock market.
Chinese Stocks Rally on Fresh Central Bank Support
China's stimulus came more into focus on Friday—and stock markets liked it. Mainland China's CSI 300 Index and Hong Kong’s Hang Seng Index both gained 3.6% after People’s Bank of China Governor Pan Gongsheng said the central bank could cut lending rates again as soon as Monday.
Vietnam central bank says to keep policy supportive, open to rate cuts
Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility of interest rate cuts, central bank deputy governor Dao Minh Tu said on Thursday.
Chinese Stocks Rebound as PBOC Reinforces Support for Market
Chinese stocks advanced on Friday following a slew of positive headlines from the central bank, which reinforced its determination to support the market.
Mises Institute
1d
No Central Bank Wants to Stop Price Inflation
No interventionist government or central bank wants lower prices because inflation allows the government to increase its ...
3h
China can cut taxes to spur spending on the road to economic recovery, ex-central bank official says
Raising the tax threshold for people in lower-income brackets would not dent government revenue, former PBOC statistics chief ...
2d
Tunisian MPs propose bill stripping central bank of exclusivity on interest rates, ending its independence
Tunisia's central bank will no longer have the exclusive power to adjust interest rates or foreign exchange policy, and must ...
Marketplace
4d
Why the European Central Bank is expected to cut rates, again
In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the ...
3d
Analysis-Brazil Eyes Closer Regulatory Cooperation With New Central Bank Leadership
The Finance Ministry sees the central bank as the natural regulator for the payment system. But the bank has resisted taking ...
2d
on MSN
Indian central bank's persistent intervention helps rupee avert sharp losses, traders say
The Indian central bank's persistent dollar sales on Friday have helped the rupee avert sharp losses amid sustained outflows ...
3d
on MSN
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the ...
3d
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target ...
3d
Weak Economy Prompts European Central Bank to Cut Rates Again
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for ...
2d
on MSN
As Global Debt Explodes, China’s Central Bank Is Fueling and Obscuring It
China’s central bank is giving out swap lines like M&Ms, Benn Steil and Elisabeth Harding write in a guest commentary.
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