Home China can afford a looser monetary policy – Global Times

China can afford a looser monetary policy – Global Times

Published date: 7 Nov. 2019 | 23:37

According to the latest story carried by the Global Times on Friday, the Chinese central bank, the People’s Bank of China (PBOC) is seen easing its monetary policy further in the coming months following the rate cut in the Medium-term Lending Facility (MLF).

The MLF rate cut signals that the PBOC may lower Loan Prime Rate (LPR) going forward.

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