Monday, 4 June 2018

PBOC's Collateral Step a Targeted Tweak, Not Major Easing Move

The decision by the People's Bank of China to expand the types of collateral it allows banks to use when they borrow money is intended to help certain sectors, and shouldn't be interpreted as a major easing of policy, according to economists.

from Bloomberg https://ift.tt/2suz0h4

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At Tesla, some are celebrating stock gains — others worry Elon will lose focus

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