We’re officially on slowdown watch

Quick Summary:

While the comically brief recession panic of a few weeks ago is over, market pundits and macroeconomists are debating how quickly the economy is slowing and how much rate-cutting will be required.

The Chinese Communist party said it wanted to increase domestic consumption in July, and the PBoC responded by lowering rates.

China’s interest rates are low and its growth outlook is soft — good reasons for investors to buy bonds, despite warnings from the authorities.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United StatesChina

Topics: Central Pboc Financial Week Buying Consumer Market Good Bonds Consumers Last

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 05:30:57 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1129 words

Reading Time: 7 minutes read

Sentences: 3 lines

Sentence Length: 377 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22304377

View Article Analysis

About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 4 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions