A massive rate-cutting cycle has started. Are we heading for a global recession?
Hopefully. This is disgusting and needs to regress to the mean pic.twitter.com/qU2EOpjj5O — Jesse From NJ (@whiteneck81) September 24, 2024 ⚠️CHINA UNLEASHED THE BIGGEST STIMULUS PACKAGE YET TO BOOST THE CRATERING PROPERTY MARKET AND THE ECONOMY⚠️ 1) The People’s Bank of China cut mortgage rates for individual borrowers as well as its Reserve Requirement Ratio …