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China cuts interest rates amidst weak economic data, and introduces greater rate flexibility

Publicada el miércoles, 6 junio 2012

China cuts interest rates amidst weak economic data, and introduces greater rate flexibility

The PBoC announced a 25bp cut in interest rates late today after Asian markets had closed. The move is in line with our expectations of up to two interest rate cuts in the coming quarters.

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  • Etiquetas de Geografía
  • Asia

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