• 09/22/2024

Fed’s rate cut no panacea for China’s pain, but it helps take the edge off: analysts

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Pressures facing China, including from capital outflows, could be allayed by start of US Federal Reserve’s rate-cutting cycle, but real stabilisation will take much more.

https://www.scmp.com/economy/global-economy/article/3279345/feds-rate-cut-no-panacea-chinas-pain-it-helps-take-edge-analysts?utm_source=rss_feed