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PBoC Extends Liquidity as Fed Doves Fly Away Amid Jump in US Inflation Expectations
The People’s Bank of China (PBoC) kept the interest rates unchanged at today’s monetary policy meeting, but extended long-term liquidity to boost anemic Chinese growth. Many analysts expected a rate cut from the PBoC today, after the latest set of economic data revealed slowing exports and a faster-than-expected fall in Chinese inflation – both being […] The post PBoC Extends Liquidity as Fed Doves Fly Away Amid Jump in US Inflation Expectations appeared first on Action Forex...
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Posted: May 15 2023, 07:35
Author Name: actionforex
Views: 111630