Summary | For those keeping score at home, this is the third
time in four months that China has dramatically changed
monetary policy to juice growth. In November it cut interest
rates for the first time in two years. Earlier in February it
relaxed the amount it requires banks to hold in reserve, which
essentially frees up more money to lend out, for the first time ...
time in four months that China has dramatically changed
monetary policy to juice growth. In November it cut interest
rates for the first time in two years. Earlier in February it
relaxed the amount it requires banks to hold in reserve, which
essentially frees up more money to lend out, for the first time ...
blogs.wsj.com | 18 May 2015