Data shows markets are pricing in four rate cuts in 2025 — 0.25 bps each in June, July, September and December. Rate cuts occur when a central bank, like the Federal Reserve, lowers interest rates to stimulate economic growth by making borrowing cheaper.
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Liu was taken away after returning to Beijing in late July from an overseas work trip, WSJ reported, citing people familiar with the matter. China's State Council Information Office, which handles me...
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