Look to China Consumer ETFs as China to Cut Rates on Trillions in Mortgages
September 12, 2024 at 12:59 PM EDT
While many Americans who’ve bought homes in the last year face higher mortgage rates, Chinese mortgage-holders are seeing rate cuts. Per media reports, the move has yet to be finalized, but it does follow previous coverage suggesting authorities were considering a cut. Such a move could boost overall consumer spending in China and perhaps even [...] The post Look to China Consumer ETFs as China to Cut Rates on Trillions in Mortgages appeared first on ETF Trends .