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Chinese state-controlled financial media speculating on PBOC RRR cut soon

Chinese state-controlled financial media speculating on PBOC RRR cut soon

Central Banks
Eamonn Sheridan
22/08/2022 | 22:39 GMT

Yesterday we had rate cuts from the People's Bank of China:

Via China's Securities Times this morning, an opinion piece saying:

  • China may reduce RRR this year to compensate for MLF maturity
  • RRR cuts may lower lending prime rates
PBOC

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