Contrary to market expectations, PBoC maintains MLF rate but increases liquidity

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<p>Despite the anticipation of a rate cut to bolster the weakening economy, currently grappling with deflation for the past three months, PBoC held firm, keeping the rate on CNY 995B worth of one-year medium-term lending facility loans steady at 2.50%. This decision defied the general expectation of a 0.1% cut to 2.40%. Opting not to […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/535209-contrary-to-market-expectations-pboc-maintains-mlf-rate-but-increases-liquidity/">Contrary to market expectations, PBoC maintains MLF rate but increases liquidity</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>