China Cuts And The Swiss Ramble

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 26, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Friday saw the People's Bank of China cut their benchmark rate by another 0.25% to 4.35%. This is the 6th cut of official interest rates in the last 12 months! Interestingly enough, the control that the PBOC has, allows it to cut rates for ‘businesses and commercial purposes' but not[​IMG]

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