PBOC expected to cut Reserve Ratio in Q1 2020 - China Press

Dhwani Mehta FXStreet

According to an editorial piece published by the China Securities Journal on Wednesday, the People’s Bank of China (PBOC) is expected to leave the required reserve ratio unchanged this year and cut in Q1 of 2020.

Additional Quotes:

Current liquidity is sufficient because of surging fiscal spending at the end of the year.

Short-term interest rates are also dropping, although the central bank has not injected liquidity through open market operations for 10 days.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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