Click to get this free report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. The People's Bank of China has finally jumped onto the easy monetary policy bandwagon, by announcing a surprising rate cut to given the economy's growth momentum a nudge. The country's persistently soft economic readings in a backdrop of decelerating inflationary trends appear to have prompted the central bank to play its part in strengthening the growth momentum.