• 11/27/2024

China unlikely to cut major policy rate amid inflation, yuan pressure as ‘risk versus reward doesn’t seem attractive’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

People’s Bank of China (PBOC) is set to leave the rate on its one-year policy loans – the medium-term lending facility (MLF) – steady at 2.5 per cent on the first working day after the Lunar New Year holiday ends.

https://www.scmp.com/economy/economic-indicators/article/3252141/china-unlikely-cut-major-policy-rate-amid-inflation-yuan-pressure-risk-versus-reward-doesnt-seem?utm_source=rss_feed