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The PBOC is expected to cut rates again on Tuesday, 20 June 2023: Loan Prime Rates (LPRs)

The PBOC is expected to cut rates again on Tuesday, 20 June 2023: Loan Prime Rates (LPRs)
There have been plenty of stimulus announcments from China last week: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)China cut the retail prices of gasoline and diesel from Wednesday, the 6th cut this yearAnd more are expected to come:China reportedly considering broad stimulus package to bolster economic supportChina has been holding 'urgent' meeting with business leaders on boosting growthOn T... Read More
Posted: Jun 19 2023, 03:55
Author Name: forexlive
Views: 081117

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