June 8, 2025
Sydney 29

China eases monetary policy, slashes key rates as Donald Trump’s tariffs hit growth

A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US […]