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Chinese Stimulus: PBoC Cuts Rates and RRR
#USChinaTensions
While markets around the world are trying to find equilibrium amidst a variety of news, one of the largest economies on the planet decided to act decisively, and these steps could resonate even in our crypto spaces. We are talking about China, where the People's Bank (PBoC) recently rolled out a whole package of measures that immediately lifted the spirits of many analysts (and investors).
While markets around the world are trying to find equilibrium amidst a variety of news, one of the largest economies on the planet decided to act decisively, and these steps could resonate even in our crypto spaces. We are talking about China, where the People's Bank (PBoC) recently rolled out a whole package of measures that immediately lifted the spirits of many analysts (and investors).
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