Expectations grow of a PBOC RRR cut in October – but Monday could bring a rate cut
ING is calling a broad based RRR cut of 0.5 percentage points in October.
Adam posted in it here:
Something to watch for before then is coming up on Monday. The 20th will bring the People’s Bank of China setting its one-year and five-year loan prime rates.
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September 15, 2021 at 03:16PM