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PBOC, Norges Bank, Riksbank, BOJ Rush To Rescue Bloodied Markets With Rate Cuts, Liquidity Measures
Central banks were all over the wires Friday, as monetary policymakers rush to ensure the liquidity
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The map does not have China included in the rate cutting group.
it’s not an official policy rate cut. and, technically, LPR isn’t the official policy rate either. de facto, China has cut multiple policy rates. but the official benchmark is unchanged