China's central bank likely to cut rates in 2025, FT reports

China's central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
Freelancers ask central bank to cut interest rate, help businesses near bankruptcy
The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week, according to a statement published on Friday.
China's central bank vows 'moderately loose' monetary policy
BEIJING: China's central bank has outlined a "moderately loose" monetary plan aimed at boosting domestic demand to spur growth, days after President Xi Jinping called for more proactive macroeconomic policies.
FirstFT: China’s central bank prepares for historic monetary policy shift
The People’s Bank of China plans to cut interest rates this year as it makes a historic shift to a more orthodox monetary policy in line with the US Federal Reserve and the European Central Bank. In comments to the Financial Times,
China stocks rise amid broader gains in Asia markets as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
China’s central bank prepares a full-on economic policy change
The People’s Bank of China (PBoC) is rewriting its playbook, breaking away from decades of rigid, state-controlled monetary policy. In 2025, it’s planning a game-changing interest rate cut from its current 1.
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy approach, the Financial Times reported on Friday,
Czech Central Bank Head Calls Budget Deficit Top Inflation Risk
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Kuwait Central Bank tightens security measures on payments without ‘OTP’
The Central Bank of Kuwait has issued a circular to all local banks regarding financial limits on bank cards and payment ...
Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...
Mauritius Former Central Bank Chief Gets Bail in Fraud Inquiry
Mauritius’ former central bank governor Harvesh Seegolam was granted bail on Saturday after a provisional charge of ...
Thai economic uncertainty has increased, central bank minutes say
Uncertainty around the Thai economy has significantly increased primarily due to the unclear impact of possible U.S. economic ...
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Philippine central bank says 2024 current account deficit wider than expected
The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday ...