Economists expect PBoC to cut to interest rates - China Daily

Ross J Burland FXStreet

The Communist Party of China's China Daily news is crossing the wires and is reporting that economists are expecting the PBoC to cut to interest rates or RRRs in coming weeks.

PBOC expected to cut interest rates or reserve ratio requirements.
To counter "downside risks".
To maintain liquidity in the financial market.
Support infrastructure investment.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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