China and Australia cut interest rates; Greggs sales improve as Mac and Cheese ‘goes viral’ – business live - short news
China cuts its benchmark lending rates for the first time since October, following Beijing’s sweeping monetary easing measures
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China’s and Australia’s central banks have both cut interest rates to stimulate their economies and cushion the impact of US trade tariffs.
The central bank is likely to switch to a wait-and-see approach in coming months unless external..
source: The Guardian - 20.05.2025