Free Trial

The PBOC is unlikely to lower the.......>

CHINA PRESS
CHINA PRESS: The PBOC is unlikely to lower the interest rate on the medium-term
lending facility (MLF) to drive down the loan prime rate (LPR) immediately and
may delay until mid-September, China Securities Journal reported on Tuesday.
Citing analysts, the Journal's report said a lower MLF rate would drag market
interest rates lower and would not contribute towards keeping the yuan exchange
rate stable in the short term. Food inflation also restricts the downward
adjustment of policy interest rates, the newspaper added. 

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.