{"id":30087,"date":"2021-12-20T15:00:31","date_gmt":"2021-12-20T15:00:31","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=30087"},"modified":"2021-12-20T15:00:31","modified_gmt":"2021-12-20T15:00:31","slug":"chinas-first-benchmark-rate-cut-in-20-months-signals-serious-easing-cycle-is-unfolding","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=30087","title":{"rendered":"China\u2019s first benchmark rate cut in 20 months signals \u2018serious easing cycle is unfolding\u2019"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe first cut to China\u2019s one-year market benchmark rate in 20 months indicates the government\u2019s determination to stabilise economic growth next year, but economists are still divided on how effective such easing measures will be as major Western countries tighten monetary policy.Some analysts have called on Beijing to loosen purse strings further to finance infrastructure projects, as the country may have to defend a growth rate of 5 per cent in 2022.The People\u2019s Bank of China (PBOC) on Monday\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3160429\/chinas-first-benchmark-rate-cut-20-months-signals-serious?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe first cut to China\u2019s one-year market benchmark rate in 20 months indicates the government\u2019s determination to stabilise economic growth next year, but economists&hellip; <\/p>\n","protected":false},"author":0,"featured_media":30088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/30087"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30087"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/30087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/30088"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30087"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}