Eurodollar University cover image

Out of options and bracing for impact, Chinese authorities ready for more failure.

Eurodollar University

00:00

The Effect of Lower Interest Rates on the Chinese Economy

In August of 2019, the People's Bank of China decided that it was going to reform the way in which it transmitted its monetary policies. They didn't want to rely on these RRR cuts anymore because they didn't seem to be working all that much. And there were more that followed in 2018 and 2019, which we call Eurodollar number four. It's weird how that always coincides. The global economy starts to experience recession symptoms and then rate cuts in China in response.

Play episode from 09:41
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app