China state press: Fed cut eases pressure, gives PBoC more policy room

  • Shanghai Securities News flags space for People's Bank of China easing
PBOC

Shanghai Securities News wrote that the Fed’s rate cut reduces the dollar’s dominance and reshapes global flows—a backdrop that gives Beijing more flexibility on policy.

Analysts say that could include scope for rate or RRR adjustments, though the PBoC is likely to time any move carefully.

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