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CNBC Daily Open: Fedspeak reassures markets

By CNBC   |   Sep 24, 2024 at 02:36 AM EST
CNBC Daily Open: Fedspeak reassures markets

PBOC eases policy by cutting banks' reserve requirement ratio, boosting liquidity in the economy and lowering Chinese bond yields. Additionally, China announces new property stimulus measures to reduce interest rates on mortgages and lower down-payment ratios. Boeing revises contract offer for workers during strike, increasing wages and bonuses.

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