More on China press reports on potential PBOC rate rise

I popped up the People's Bank of China headline a little earlier, but it was light on detail

More now:

PBOC will probably raise interest rates in open-market operations in March if the Federal Reserve hikes interest rates

  • likely to hike OMO rates by 5 basis points
  • (same as what it did on December 14 last year)
  • Report says move won't have any major impact on domestic market as the possible hike has already been priced in

China Securities Journal reports, citing unidentified market participants

via Bloomberg

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