China's Central Bank Rolls Out Aggressive Growth-Boosting Package China’s central bank has unveiled its most significant economic stimulus package since the Covid-19 pandemic, aiming to revitalize the country’s struggling economy. The measures include reducing banks’ reserve requirements, lowering key interest rates, and easing mortgage terms for homeowners. While these actions have boosted stock markets and the yuan, some analysts caution that additional fiscal support may be necessary to achieve the government’s 5% growth target for 2024. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Massive Student Debt Strike Amid Loan Repayment Challenges READ MORE Bull Market Gains Momentum as Latest Inflation Data Surprises READ MORE Mortgage Rates Rise in Early 2024, Homebuying Challenges Persist READ MORE BullionStar Perspectives – Lawrence Lepard – Fiat Endgame – Reinforces need for Sound Money READ MORE Commodities Cool Off Ahead of Key Economic Data READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment