China's cut to its reverse repo rate should alleviate the shock to the real economy from a virus outbreak and is a good move to stabilize expectations and restore financial market confidence, a central bank adviser said on Monday.
from Reuters: Business News https://ift.tt/31jGeEU
Sunday, February 2, 2020
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China central bank's reverse repo rate cut to alleviate economy shock: adviser
Government borrowing in August highest since Covid
Higher spending on public services and benefits led to a rise in government borrowing, figures show. from BBC News https://ift.tt/ROndpUX
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