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Economic calendar in Asia Friday, 9 June 2023: Chinese inflation data for May
On Thursday in China were rate cuts:ForexLive Asia-Pacific FX news wrap: Chinese bank rate cutsInflation rates are no impediment to policy easing in China if the PBOC choose that path. indeed the cuts yesterday rekindled speculation of further easing:Chinese media speculate on a loan prime rate cut after banks reduced deposit ratesToday we get the latest official CPI and PPI readings. These are expected to show very subdued inflation at both levels. There is often discontent at the veracity of...
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Posted: Jun 8 2023, 20:11
Author Name: forexlive
Views: 111555