🔥 The Central Bank of China cuts interest rates after 6 months
While the Fed has "no reason" to cut interest rates, the Central Bank of China is doing the opposite
Specifically:
- Reduced the 1-year loan interest rate from 3.1% to 3%
- Reduced the 5-year loan interest rate from 3.6% to 3.5%
This is the "first cut" since October 2024 😊#GENIUSAct