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July 6th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: ECB cuts eurozone rates to record low of 0.75% nbsp
China surprises with 2nd rate cut in weeks
Reuters – China’s central bank cut interest rates for the second time in a matter of weeks on Thursday, stepping up efforts to bolster an economy that last quarter probably suffered its weakest growth since the global financial crisis. The People’s Bank of China (PBoC) also gave banks more leeway to set lending rates in a move analysts said was aimed at stimulating borrowing by creating a more competitive landscape. Read article
Tags: Asia, banks, financial system
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