MNI: UK GD SEEN -0.2% '23, 1.8% '24, 2.5% IN '25, 2.1% IN '26.

MNI: UK OBR SAYS INFLATION SEEN AT 2.9% END-2023

MNI:US FEB RETAIL SALES -0.4%; EX-MOTOR VEH -0.1%

US FEB RETAIL SALES $697.9B VS JAN $700.7B

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MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

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PBOC Hesitant On RRR Cut, Lower Rates Amid Inflation Risk - Daily

CHINA PRESS
MNI (Singapore)

The People’s Bank of China is less likely to cut reserve requirement ratios or interest rates by the end of the year, as it watches for signs of rising inflation as flagged in its Q3 Monetary Policy Report, Securities Daily reported citing Wang Qing, chief analyst of Golden Credit Rating. The PBOC also left out its previous comments about “giving full play to the dual roles of aggregate and structural monetary policy tools” in the Q3 report. Li Chao, chief economist at Zheshang Securities believes this signals a marginal tightening of liquidity. He said PBOC would give more attention to financial stability, which includes avoiding funds circulating within the financial sector without entering the real economy, and stabilising exchange rate and balance of payments, the newspaper said.

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