Exclusive: China ready to cut rates again on fears of deflation – sources – Reuters Canada
TIME |
Exclusive: China ready to cut rates again on fears of deflation – sources
Reuters Canada BEIJING (Reuters) – China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in … China rate cut puts pressure on lenders China rate cut knocks legs from under yuan rally, more volatility seen Falling inflation a worry for Europe but also the world |
