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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
China has initiated Quantitative Easing to lower mortgage rates, allowing the population to refinance at lower rates and aiming to halt property price declines. President Xi Jinping may instruct the PBOC to buy bonds for the first time in years, seen as a short-term solution. Speculation arose from an old speech by Xi Jinping, suggesting aggressive government bond purchases to support the economy. The move is expected to have a positive impact on Bitcoin.
China’s prime minister has traditionally held sway over economic policy. But Xi Jinping is starting to steal his thunder. What explains these changes? https://t.co/Xbui8fUjBy 👇
Not enough of you talking about China QE + U.S. future QE too ... the PIVOT is coming this year. All of it very bullish for $BTC ... https://t.co/QDmTFdIjRc
Old Xi Jinping speech sparks China monetary easing speculation https://t.co/b3DDRHwQtl https://t.co/VpSS6psb6P
