PBOC Reluctantly Easing as Domestic Demand is Still Pretty Weak
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1 view • August 17, 2022

https://gnews.org/post/p19kgb59d

08/14/2022 Helen Qiao, BOFA: said that the surprise interest rate cut this morning seems to be suggesting policymakers are concerned and that the status quo does require more stimulus.She thinks there is a good chance we still get 3.5% for the full year. In a way this still has some assumptions based on the fact that we are expecting a reopening after the completion of the 20th Communist Party Congress in October

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