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China Stimulus May Spur Buying in Overseas Equities, Bank of America Says
Asia Markets Rise Buoyed by China's Stimulus Measures, Investors Access Australia's CPI Data
People's Bank of China Lowers Medium-term Lending Facility Rate by 30 Basis Points to 2%
China Stocks Lead Gains in Asia-Pacific Markets After Series of Stimulus Measures From PBoC
People's Bank of China Injects Cash, Unexpectedly Lowers 14-day Reverse Repo Rate
One word sets off the global market, Powell said it ten times!
"Recalibration" of the cost-cutting of 50 basis points is the latest interpretation, igniting market risk appetite and boosting the rise of small cap stocks. However, there are opposing voices that believe the 50 basis point rate cut is mainly to address economic recession. If the subsequent economic deterioration forces the Fed to cut rates more aggressively, can we still use "recalibration" as an excuse?
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