China Cuts ShortTerm Borrowing Costs as Economy Slows
PBOC lowers 7day reverse repo to 1.9 vs. 2.0 prev. PBOC cuts 7day reverse repo rate by 10bp PBOC39;s decision shows worries about health of economy analysts MLF rate and LPR could be lowered by same margin analysts SHANGHAISINGAPORE, June 13 Reuters China39;s central bank lowered a shortterm lending rate for the first time in […]