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Economic calendar in Asia Tuesday, 20 June 2023 - China interest rate setting, LPR day

Economic calendar in Asia Tuesday, 20 June 2023 - China interest rate setting, LPR day
Another rate cut is expected from China today. Last week we saw the People's Bank of China cutting three separate policy rates:PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expectedICYMI - People's Bank of China rate cut overnight (that's two rate cuts in one day)And there was other stimulus, and more is expected:China cut the retail prices of gasoline and diesel from Wednesday, the 6th cut this yearChina reportedly considering broad stimulus package to bolster economic supportChina... Read More
Posted: Jun 19 2023, 20:06
Author Name: forexlive
Views: 102562

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