Economist at UOB Group Ho Woei Chen, CFA, comments on the latest PBoC’s move on rates. Key Takeaways The PBOC has lowered financial institutions’ rese
The PBOC has lowered financial institutions’ reserve requirement ratio by 25 bps effective today . The move is within expectation as policymakers doubled down their efforts to boost the economy.
Despite no further reduction in the 1Y MLF, we could still see the benchmark loan prime rates being adjusted lower at the upcoming rate setting on 20 Sep as the earlier MLF cut in Aug has not been fully passed through to the LPRs. Our forecast for the 1Y LPR is at 3.40% end-3Q23 and 3.35% end-4Q23 while our forecast for the 5Y LPR is at 4.05% end-3Q23 and 4.00% end-4Q23. Information on these pages contains forward-looking statements that involve risks and uncertainties.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
PBOC fixes USD/CNY reference rate at 7.1736 vs. 7.2760 previousOn Monday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.1736, compared with Friday’s fix of 7.2760 and market expectations of
続きを読む »
PBOC: Yuan exchange rate vs. US Dollar to show 'positive changes' after 'bottoming out'The People’s Bank of China (PBOC), in its publication - Financial News, said on Monday that the Yuan exchange rate versus the US Dollar will show 'pos
続きを読む »
Commodities Week Ahead: Oil Clings to $90 Ahead of Fed, BoE, BoJ, PBoC DecisionsCommodities Analysis by Investing.com (Barani Krishnan) covering: USD/CNY, Brent Oil Futures, Crude Oil WTI Futures, US Dollar Index. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
続きを読む »
USD/JPY: A sustained move above 148.40 seems not favouredIn the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, extra gains beyond 148.40 still appear unlikely for USD/JPY.
続きを読む »
GBP/USD risks further downside in the near termAccording to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, GBP/USD could extend the bearish move to the 1.2305 level in th
続きを読む »
The Economics Of Addressing Climate Change, From Top White House Economist'You have two economic problems going on at the same time,” in addressing climate change, Dr. Heather Boushey explained. Here's how and what Bidenomics does about it.
続きを読む »