Wednesday , 22 January 2025
Home Forex PBoC moves to cut mortgage rates by end-October
Forex

PBoC moves to cut mortgage rates by end-October

The People’s Bank of China (PBOC) said on Sunday that it would tell banks to lower mortgage rates for existing home loans before October 31 in its latest attempt to shore up the troubled property sector as the economy slows, per Bloomberg.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EURUSD Technical Analysis – The market shrugs off the tariffs threats

Fundamental OverviewThe USD has been marginally weaker recently due to lower than...

Could Tokenization Redefine the Future of Index and Exchange-Traded Funds?

The financial world is consistently evolving in a manner that reflects innovation-driven...

Whales Eye Dogecoin in Three-Day Binge

Dogecoin and XRP, two of the most popular altcoins, have been bought...

Is the Apple getting rotten?

Apple's fundamental issues – China and AI: Apple faces challenges in China...