Oct. 21 at 5:28 PM
China's economic slowdown: Is a rate cut on the horizon? 📉
With GDP growth down to 4.8% and domestic demand waning, Goldman Sachs forecasts a potential 10-basis-point rate cut and a 50-basis-point reserve requirement reduction. This could lift ETFs like KraneShares CSI China Internet ETF (
$KWEB) and Invesco China Technology ETF (
$CQQQ) if policy easing materializes.
Explore the potential impact on ETFs here 👉 https://www.zacks.com/stock/news/2772893/etfs-in-focus-as-chinas-economic-growth-slows-in-q3?cid=sm-stocktwits-2-2772893-body-16983&ADID=SYND_STOCKTWITS_TWEET_2_2772893_BODY_16983