Type : MCQ
Intructions :
Directions: Read the following argument and answer the question that follows.
Chinese investors jokingly call the central bank “central mama”. They thanked her for dispensing a bit of love over the weekend by trimming interest rates and reducing some lenders’ required reserves. The rate cut, her fourth since November, took one-year benchmark lending rates to 4.85%, a record low for China. Punters hope this will save the stock market from further carnage.
Which of the following can best be inferred from this passage?