UBS says an RRR cut this year still possible, but don't expect a rate cut

Discussion in 'Fundamental Analysis' started by ForexLive, Sep 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Expectations on People's Bank of China policy from UBS: - UBS expects a cut to the RRR this year - But not until later in the year, for the immediate future the People's Bank of China will use other liquidity tools instead to keep an accommodative credit and liquidity environment

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