China Could Trigger A Fed Rate Cut

🇨🇳 🇨🇳 China’s economic woes are proving way deeper than initially feared (or desired). That’s prompted China’s central bank to unexpectedly cut its key interest rate to spur activity in the face of a worsening property slump, weak consumer spending, and awful macroeconomic numbers. Judging by the initial reaction, even the arrival of stimulus hasn’t cheered everyone up
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