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Goldman Sachs expect 15bp rate cuts from the People's Bank of China today

Goldman Sachs expect 15bp rate cuts from the People's Bank of China today
The People's Bank of China will be cutting loan prime rates today, from earlier:Economic calendar in Asia - People's Bank of China rate decision dueLast week we had rate cuts from the People's Bank of China:People's Bank of China set MLF rate at 2.5%, big cut from prior 2.65%The People’s Bank of China cut the reverse repo rate from 1.9% to 1.8%.ICYMI: China with three rate cuts in one day to try and bolster the economyING expect 15bps:Forecast for two 15bp rate cuts to come from the People's Ban... Read More
Posted: Aug 20 2023, 21:54
Author Name: forexlive
Views: 110695

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