{"id":77386,"date":"2015-08-25T10:06:25","date_gmt":"2015-08-25T14:06:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=77386"},"modified":"2015-08-25T10:21:42","modified_gmt":"2015-08-25T14:21:42","slug":"china-cuts-rate-25-bps-lowers-reserve-ratio-50-bps","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/china-cuts-rate-25-bps-lowers-reserve-ratio-50-bps\/","title":{"rendered":"China cuts rate 25 bps, lowers reserve ratio 50 bps"},"content":{"rendered":"<div id=\"inves-2471489572\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 25, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; China&#8217;s central bank cut its benchmark one-year lending rate by 25 basis points to 4.60 percent, the deposit rate by a similar 25 points to 1.75 percent and lowered the reserve ratio for major financial institutions by 50 basis points to 18 percent in response to &#8220;downward pressure on economic growth.&#8221;<br \/>&nbsp; &nbsp; The People&#8217;s Bank of China (PBOC) has now lowered its key rate by 100 basis points this year and by 140 points since it embarked on its easing cycle in November 2014.<br \/>&nbsp; &nbsp; The PBOC said the rate cuts will take effect on Aug. 26 while the cut in the reserve ratio will take effect Sept. 6.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; China&#8217;s central bank cut its benchmark one-year lending rate by 25 basis points to 4.60 percent, the deposit rate by a similar 25 points to 1.75 percent and lowered the reserve ratio for major financial institutions by 50 basis points to 18 percent in response to &#8220;downward pressure on economic growth.&#8221;&nbsp; [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-77386","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=77386"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77386\/revisions"}],"predecessor-version":[{"id":77387,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77386\/revisions\/77387"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}