Goldman Sachs advises China to prioritize fiscal measures over interest rate cuts to boost stock market - PRESS AI WORLD
PRESSAI
Recent Posts
side-post-image
side-post-image
Goldman Sachs advises China to prioritize fiscal measures over interest rate cuts to boost stock market

Credited from: SCMP

  • Goldman Sachs recommends that China rely more on fiscal measures rather than interest rate cuts to boost stock market performance.
  • The bank's report notes that historical evidence shows fiscal initiatives have more significantly influenced equity returns compared to monetary easing.
  • Recent fiscal efforts by China, such as subsidizing consumption and reducing property purchase thresholds, have contributed to a notable stock market rally.
  • Goldman Sachs raised its MSCI China Index forecast for 2025, reflecting optimism about future government spending to support the economy.
  • In contrast, UBS Global Wealth Management has lowered its predictions for Chinese stocks, citing concerns about US tariffs and insufficient stimulus.

For more details, visit the original article here.

SHARE THIS ARTICLE:

nav-post-picture
nav-post-picture