Expectations are rising for a PBOC cut on Friday, 15 April 2022
The background to this speculation:
A signal of a PBOC cut. This time from China's leaders. The PBOC will pay attentio
Goldman Sachs says a People's Bank of China RRR cut "in the next few days"
A Medium Term Lending Facility (MLF) will mature tomorrow, Friday.
200bn yuan
This will be rolled, the question is at what rate? You'll see from the posts above that the PBOC now has a rate cut on their 'to do' list. Also a cut to the RRR. Citi says this could be tomorrow also:
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