0333 GMT - China's state-run newspaper Securities Daily says now is an appropriate time to cut interest rates and banks' reserve requirement ratio, suggesting authorities may hand out more monetary easing in the face of Trump's tariff hikes. In a front-page article Thursday, the newspaper says there is still room to lower the RRR, which currently stands at 6.6% on average, and borrowing costs of funds provided by the central bank via its structural monetary policy tools. Such easing could alleviate sudden external shocks, send out strong policy signals, help boost confidence and stabilize market expectations, it says. (singaporeeditors@dowjones.com)
(END) Dow Jones Newswires
April 09, 2025 23:33 ET (03:33 GMT)
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