menu search

PBOC left rates unchanged, but Goldman Sachs expect some movement from the Bank in June

PBOC left rates unchanged, but Goldman Sachs expect some movement from the Bank in June
Yesterday the People's Bank of China held rates steady as per market consensus:PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expectedGoldman Sachs acknowledged after the decision that looking ahead “substantial monetary or credit stimulus” from the Bank is unlikely, citing factors such as:PBOC is still focused on curbing financial risksGoldman Sachs say the Bank's worries encompass rising government debt, widening regional economic imbalances and heightened US-China te... Read More
Posted: May 22 2023, 20:34
Author Name: forexlive
Views: 102042

Search within

Pages Search Results: