Wait for it, wait for it…
China’s central bank (PBoC) is laying the groundwork for reducing benchmark loan prime rates (LPRs) next week.
On Tuesday, the PBoC cut the interest rate on funds it lends out under its standing lending facility (SLF) by 10 bps.
It also cut the seven-day reverse repo rate by 10 bps to 1.80% and the...
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Trivium Markets keeps you briefed on the latest developments in China markets policy.