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Regions China

Fed rate cut to ease outflow pressure on yuan, open up room for policy changes: analysts

US Federal Reserve announced a cut of its benchmark borrowing rate on Wednesday ‘in light of the progress on inflation and the balance of risks’.

By: scmp.com
  • Sep 19 2024
  • 0
  • 5512 Views
Fed rate cut to ease outflow pressure on yuan, open up room for policy changes: analysts
Fed rate cut to ease outflow p
US Federal Reserve announced a cut of its benchmark borrowing rate on Wednesday ‘in light of the progress on inflation and the balance of risks’.

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