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 UBS Analysts: Gold Market Not Overextended Despite Record Prices READ MORE Economic Slowdown and Rising Inflation Cast Doubt on Soft-Landing Prospects READ MORE HSBC Predicts High Commodity Prices in 2024, Decline Expected in 2025 READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to Homebuyers READ MORE Add a Comment Cancel replyYour email address will not be published.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