PBoC sets USD/CNY reference rate at 7.1064 vs. 7.1018 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1064 as compared to the previous day's fix of 7.1018 and 7.2008 Reuters estimates.

Feb 23, 2024

Fed’s Waller: There is no rush to cut US interest rates

The Federal Reserve (Fed) Governor Christopher Waller said on Thursday that there is no rush to begin cutting interest rates.

PBoC sets USD/CNY reference rate at 7.1064 vs. 7.1018 previous

Fed’s Waller: There is no rush to cut US interest rates

China House Price Index climbed from previous -0.4% to -0.3% in January