China Watch – PBOC Paused Rate Reduction in October. RRR Cut Still Likely as Growth Continues to Slow

<p>The market was surprised to see that PBOC left the loan prime rate (LPR), its latest benchmark rate, unchanged in October following two consecutive cuts in the prior two months. Yet, this came in line with our expectations that elevation inflation could retrain PBOC from extending monetary easing. Recall that on August 17, PBOC announced […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/243955-china-watch-pboc-paused-rate-reduction-in-october-rrr-cut-still-likely-as-growth-continues-to-slow/">China Watch – PBOC Paused Rate Reduction in October. RRR Cut Still Likely as Growth Continues to Slow</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>