China loosens monetary policy for first time in 14 years

Q: How long will it take to read this news story?

The story "China loosens monetary policy for first time in 14 years" has 723 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "China loosens monetary policy for first time in 14 years" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 4 news stories per day. It's most recent story was published 14 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24268389</li><li>URL: https://beamstart.com/news/china-loosens-monetary-policy-for-17337357295024</li></ul>

Financial Times 1w ago

China loosens monetary policy for first time in 14 years - Financial Times

Quick Summary:

The announcement from the Communist party’s politburo, which is headed by Xi Jinping, comes as leaders prepare to hold their annual meeting this month to lay out the economic agenda for next year.

Beijing’s stimulus measures in the past few months have included monetary measures to boost the stock market, interest rate cuts for mortgage holders and an easing of restrictions on homebuying.

China’s consumer price index rose 0.2 per cent year on year, a five-month low and below a Reuters poll of analysts that forecast a gain of 0.5 per cent.