Economists expect PBoC to cut to interest rates – China Daily

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The Communist Party of China’s China Daily news is crossing the wires and is reporting that economists are expecting the PBoC to cut to interest rates or RRRs in coming weeks.

  • PBOC expected to cut interest rates or reserve ratio requirements.
  • To counter “downside risks”.
  • To maintain liquidity in the financial market.
  • Support infrastructure investment.
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