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Potential For Imminent RRR Cut Noted

CHINA

As a quick reminder, speculation/expectation surrounding a potential RRR cut from the PBoC is elevated after Wednesday's State Council meeting guided towards such a move. Many expect the PBoC to act after hours on Friday.

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As a quick reminder, speculation/expectation surrounding a potential RRR cut from the PBoC is elevated after Wednesday's State Council meeting guided towards such a move. Many expect the PBoC to act after hours on Friday.