PBOC Left Policy Rate Unchanged. Further Easing Inevitable as Economy Prone to Weaken in Second Half

<p>PBOC left the loan prime rate (LPR) unchanged at 3.85% in July. The inaction does not suggest that the current monetary policy is appropriate. Weakness in economic activities is expected to exacerbate in the second half of the year, thanks to the resurgence of the pandemic and the lingering consequences of the flood. Speculations of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/398783-pboc-left-policy-rate-unchanged-further-easing-inevitable-as-economy-prone-to-weaken-in-second-half/">PBOC Left Policy Rate Unchanged. Further Easing Inevitable as Economy Prone to Weaken in Second Half</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>