MNI BOK WATCH: More Evidence Needed To Cut Rates, Says Rhee

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

Activity data stronger-than-expected; little impact on near-term monpol

MNI: GERMANY JUNE FINAL HICP +2.5 % M/M, +0.2% Y/Y

MNI: GERMAN JUN CPI +2.2 % Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Q2 RRR Cut Likely

CHINA PRESS
MNI (BEIJING)
Metals bulletEM BulletHomepagemarkets-real-timeCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

Authorities could make a RRR cut in Q2 to adjust liquidity and prices in coordination with fiscal plans, according to Wu Chaoming, vice president of the Institute of Finance and Information Technology. However, officials will likely delay lowering interest rates even though economic conditions necessitate further cuts, Wu continued. Zhang Yiqun, a deputy director at the China Fiscal Society, said the government can alleviate fiscal fund pressure and buffer short-term debt repayment issues through issuing ultra-long-term special bonds. (Source: Securities Daily)

81 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Authorities could make a RRR cut in Q2 to adjust liquidity and prices in coordination with fiscal plans, according to Wu Chaoming, vice president of the Institute of Finance and Information Technology. However, officials will likely delay lowering interest rates even though economic conditions necessitate further cuts, Wu continued. Zhang Yiqun, a deputy director at the China Fiscal Society, said the government can alleviate fiscal fund pressure and buffer short-term debt repayment issues through issuing ultra-long-term special bonds. (Source: Securities Daily)