China Signals Looser Monetary Policy with Bank Reserve Ratio Cut
TL;DR
Manufacturing activity in the Eurozone has picked up, leading to a slight easing of the economic downturn in the region. This positive development suggests a potential for growth in the Eurozone economy.
- Live news: China eases reserve requirements and signals looser monetary policy ahead Financial Times
- China's central bank announces policy easing as it seeks to boost growth CNBC
- PBOC's Pan Says China Will Cut RRR for Banks in Early February Bloomberg Television
- The Hang Seng index rallies going into the close as China announces RRR cut ForexLive
- China to Cut Bank Reserve Ratio in Bid to Boost Growth, Markets Bloomberg
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