China reduces interest rates to avoid the economic slowdown

Note: This section contains information in English only.
Source: BBC
The second time during the last two months the central bank of China has cut the benchmark interest rate in  attempt to prevent the economic slowdown. Benchmark lending interest rates were decreased from 6.31% to 6%, whereas deposit rates were diminished by 0.25%, from 3.25% to 3%. During the first three months of 2012, China had the slowest economic growth in the last three years; however, lower  interest rates are likely to support domestic demand in the next quarters.
Back to articles

Actual Topics

Fri, 06 Jul 2012 07:59:42 GMT

ECB reduced key interst rate to record low of 0.75%

As the European economy is still in the recession, the ECB cut its core interest rate to 0.75% from 1%, the lowest rate in the Eurozone's history. Moreover, the bank decreased the deposit yield to 0% from 0.25% to encourage the lending among banks. Meanwhile Mario Draghi, ECB president, announced that the Eurozone's economy is expected to grow slightly or

Fri, 06 Jul 2012 07:14:42 GMT

China's growth may fall below 7.5% in Q2

China's economy may expand at slower pace in Q2 as industrial output growth remained at 9.6%, unchanged in June on a monthly basis, said Zhang Liqun, Development Research Center of the State Council. The GDP growth may fall below 7.5% in Q2, Zhang Liqun added. Meanwhile China's government is attempting to stimulate economic expansion by easing its prudent monetary policies.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.