China Remains Committed To Stimulus Efforts

Global FX Insights • Feb 17, 2020 at 3:08 AM EST

China remains committed to stimulus efforts to offset fallout from the coronavirus and has come out with its latest gesture, cutting the 1-year medium-term lending rate by 10 basis points.

Video Length 00:01:05

China remains committed to stimulus efforts to offset fallout from the coronavirus and has come out with its latest gesture, cutting the 1-year medium-term lending rate by 10 basis points. This has helped to keep risk sentiment elevated, though, at the same time, we've yet to see any burst of fresh demand for stocks. US closed for holiday.

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