​China Reloads Monetary Bazooka With Record Cut To One-Year Policy Rate, But Everyone Waiting For Fiscal Firehose – Tyler Durden

China Reloads Monetary Bazooka With Record Cut To One-Year Policy Rate, But Everyone Waiting For Fiscal Firehose China is not done stimulating. One day after the PBOC shocked markets with a monetary bazooka that included multiple rate cuts, house market supports and most notably, a remarkable RMB800 billion pledge to prop up the country’s flailing stock market (the Chinese Put has moved out of the “National Team” basement)… … China was at it again, and on Tuesday, lowered the interest rate charged on its one-year policy loans by the most on record, expanding on its sweeping program to revive confidence…  — Continue at ZeroHedge News : Read More