Summary | China's central bank surprised the markets by cutting
lending rates for the first time in more than two years Friday,
in a bid to aid the flagging economy and a tacit
acknowledgement its target easing measures had failed.
lending rates for the first time in more than two years Friday,
in a bid to aid the flagging economy and a tacit
acknowledgement its target easing measures had failed.
blogs.wsj.com | 25 May 2015