Weekend Reading – China’s rate cut and tons of great blogs

  Earlier today, I found out that China cut their interest rates for the first time since 2008, in a move to stimulate growth and defend against the European debt crisis.  Their one-year lending rate will fall from over 6.5% to close to 6.3%.   Personally, this doesn’t seem like a big cut, about 25-basis points.  Will this be enough to trigger corporations and [...]

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