MNI PBOC WATCH: Q4 Easing Likely As Oct LPR Remains Steady

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Oct-20 06:53
PBOC

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China's Loan Prime Rate is likely to be lowered following a possible 10-basis-point policy rate cut later this year, as the economy faces stronger headwinds and further U.S. Federal Reserve easing reduces external constraints. As expected, the LPR r...