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More on the forecast for the PBOC to cut RRR, interest rates in H2 2023

The headline on this from earlier:China Securities Journal says RRR & interest rate cut likely in H2 this yearReuters have followed up with some more detail.Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank, told state newspaper, China Securities Journal, that low inflationary pressures in China will provide room for monetary easing. China can consider further rate cuts and target the reserve requirement ratio (RRR) cuts to lower lending costs Li C... Read More

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2023

Forex

Posted: Jun 6 2023, 03:50

Author Name: forexlive

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