China's central bank cut interest rates to record lows to revive grappling economy
Tuesday, 20 May 2025 China's central bank has lowered key interest rates to record lows, aiming to stimulate an economy challenged by weak consumer demand and a property crisis. The cuts follow a temporary easing of trade tensions with the U.S. While industrial output shows growth, retail sales and the property sector are struggling, painting a mixed economic picture for the Asian giant.
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South Korea's central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea... IndiaTimes
China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response... IndiaTimes
Tuesday, 20 May 2025
![Chancellor reacts to latest interest rates decision [Video]](https://video.newsserve.net/300/v/20250619/1414298806-Chancellor-reacts-to-latest-interest-rates-decision.jpg)
![India's central bank cuts rates more than expected to boost growth [Video]](https://video.newsserve.net/300/v/20250606/1413155668-India-central-bank-cuts-rates-more-than.jpg)
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
