Free Trial

The PBOC could continue to cut the......>

CHINA PRESS
CHINA PRESS: The PBOC could continue to cut the reserve requirement ratio or
lower the rate of medium-lending facility at the end of this year, according to
a report in the National Business Daily. Citing Wang Qing, chief macroeconomic
analyst at credit rating agency Dongfang Jincheng, the report says the measures
could be needed to guide the Loan Prime Rate (LPR) down. A lower LPR would help
reduce financing costs in the real economy, while also stabilizing price
expectations, the report said.

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.