Archive for May 10th, 2015

Central Bank Watch

Another Round of Chinese Central Bank Rate Reductions

May 10, 2015

The Monetary Policy Committee at the People’s Bank of China cut both its one-year lending and one-year deposit rates by 25 basis points to 5.10% and 2.25%, matching the prior round of cuts in February and bringing the cumulative declines since November to 90 basis points and 75 bps.  Previous cuts totaling 56 bps and […] More