Total Derivatives: Will the PBoC deliver rate cuts?
In the wake of this month's targeted reserve requirement ratio (RRR) easing moves in China there has been speculation that the People's Bank of China (PBoC) will follow up with broad-based interest rate cuts. Reports suggest the central bank may also add a Pledged Supplementary Lending facility to its range of monetary policy tools, writes Maia Ririnui of Total Derivatives.
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