From an opinion piece in the Securities Journal (via Bloomberg)
Speculating on a cut to the reserve requirement ratio (RRR) during the July - September quarter this year
- cut of 0.5 - 1% according to some analysts
- piece says monetary policy to remain marginally loose
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There have been a few cuts to it already this year, more to come apparently. China is popping some stimulus into the economy to ward off threats from slowing growth due to, amongst other factors, trade tensions (and subsequent export order pressure).
