PBOC should lower rates for the sake of the real economy – China Press

Dhwani Mehta FXStreet

The China Securities Journal carried an opinion on Monday, citing the Chinese analysts arguing on lowering the interest rate to stimulate the real economy.

Key Quotes:

People's Bank of China should reduce its medium-term lending facility rates.

To drive down financing costs for the real economy.

Monetary easing by central banks of major economies globally has opened up room for China to lower MLF rates.

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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