Forex
globalreutersJanuary 19, 20251 Mins read
JP Morgan forecasts a PBOC RRR and rate cut after Lunar New Year
globalreutersJanuary 19, 20251 Mins read J.P. Morgan Asset Management with the projection:
- People’s Bank of China (PBOC) to lower the reserve requirement ratio (RRR) and policy rate after the Lunar New Year holiday
- National People’s Congress (this takes place in early March) to announce a series of fiscal support policies
ps. I just posted a contrasting forecast hereL
This article was written by Eamonn Sheridan at www.forexlive.com.
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