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PBOC May Cut RRR, Boost Liquidity in H1: Times

CHINA PRESS
MNI (Singapore)

The PBOC is expected to continue releasing low-cost liquidity via RRR cuts and structural monetary tools in the first half of next year before the Federal Reserve’s expected rate hikes starting mid-2022, said the Securities Times in a commentary. The PBOC may increase total credit growth with liquidity boost and lower lending interest rate, the newspaper said, noting that the monthly benchmark Loan Prime Rate may be set lower on Monday. China should beware of the impact from the Fed rate cuts even as the two economies' situations differ, said the newspaper.

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