China should boost consumption to offset slowdown and US trade war, IMF says

China should boost consumption to offset slowdown and US trade war, IMF says

Having cut China’s growth forecast, fund officials also suggest stronger social protections and doing more to address property sector woes.

Marcelo Bacci affirms, however, that demand in China remains “firm” and that, if the Chinese government announces stimulus for consumption, a scenario may be interesting for the mining company

RBI: Lower repo rate boosts consumption - Newsstore24

Minutes of the RBI MPC: On April 9, the RBI Governor Sanjay Malhotra-led MPC lowered the repo rate, or short-term lending rate, by 0.25 percent to 6 percent. The same reduction was made in February as well. The central bank has made the relevant minutes public. Please tell us more about this. Policy rate reductions will increase private investment and private consumption. Earlier this month, at a meeting of the Monetary Policy Committee (MPC), R…