ilmscore | Prediction Details
"the People's Bank of China moved forward with two funding proposals that would inject about $112 billion into the stock market in terms of specifics it said that they were lower interest rates to make borrowing money cheaper lower mortgage rates for homeowners benefiting 50 million households and lower the requirements for how much money Banks need to keep on reserve freeing up $140 billion"
By Graham Stephan | October 21, 2024 | Pending
From video
WTF Just Happened To China's Economy? 00:11:09 - 00:11:34
Interpreted Prediction
The People's Bank of China is implementing measures to inject $112 billion into the stock market, including lowering interest and mortgage rates, and reducing bank reserve requirements to free up $140 billion.

Prediction Details

Topic
China's Monetary Policy

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