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Chinese rate cut won't help economy

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VIDEO BLOG: Global stocks are higher after China has cut its interest rates, but BNN’s Andrew McCreath is adamant that the rate cut won’t do too much to help the economy. Plus, despite U.S. housing data being released later this week, it’s expected to be a quieter week than usual, with U.S. Thanksgiving meaning a shorter trading week. While Black Friday is approaching, McCreath discusses how popularity of the shopping holiday means it may have changed from what it once was.

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