>>> China PBoC cuts its 1-day and 7-day Standing Lending Facilty Rates China PBoC cuts its 1-day and 7-day Standing Lending Facilty Rates (SLF) (**Note: Not its main rate) - Cuts 1-day (overnight) Standing Lending Facility Rate from 4.50% to 2.75% - Cuts 7-day Standing Lending Facility Rate from 5.50% to 3.25%