Andrew Bailey has raised hopes that Britain’s “very small recession” may already be over amid “distinct signs of an upturn”.
China’s longer-term benchmark lending rate was lowered this month after the central bank held its policy rates steady, according to data released by the People’s Bank of China.
BANGKOK China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market.
Get latest articles and stories on World at LatestLY. China's central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market. World News | China Cuts Key Interest Rate in Latest Move to Boost Its Ailing Property Sector.