RT Boom Bust July 14, 2024
Some legs as continued stimulus 1 and rate cuts will set a temporary floor here in the equities market so we begin the week off in a risk on mood as we get yet another stimulus shot from the central bank this time from china the p. L. C. Has finally launched a long awaited reform to replace its existing fixed benchmark lending rate with a new fluctuating loan prime rate this is now aimed to further lower real Interest Rates for companies essentially amounting to a rate cut the new l. P. R. Will be set on tuesday and subsequently on the 20th of each month as a benchmark rate for banks to price ...