China’s Central Bank Maintains Policy Rate Amid Uncertainty Over Federal Reserve’s Plan

SHANGHAI/SINGAPORE, Feb 19 (Reuters) – China’s central bank left the policy rate unchanged on Sunday, as expected, as it refinanced maturing medium-term loans, as uncertainty over the timing of The Federal Reserve’s rate cuts limit Beijing’s room for maneuver in terms of economic policy. Beijing is doing a delicate balancing act to sustain the economy … Continue reading China’s Central Bank Maintains Policy Rate Amid Uncertainty Over Federal Reserve’s Plan