PBOC to Ease Less Aggressively as Debt Problems Intensify after Months of Liquidity Injection

<p>The phenomenon of rising interest rates since early May appears contradictory to Chinese government’s commitment to maintain “liquidity at a reasonably ample level”. PBOC’s leaving of the loan prime rate (LPR), China’s policy rate, unchanged in May and June has fueled speculation about a shift in monetary policy stance. While we believe the bias remains […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/306505-pboc-to-ease-less-aggressively-as-debt-problems-intensify-after-months-of-liquidity-injection/">PBOC to Ease Less Aggressively as Debt Problems Intensify after Months of Liquidity Injection</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>