PBOC Sets New Overnight Liquidity Rate Below Forecasts, Signaling Easing
2026-06-29 04:02:48
China’s central bank set the interest rate on its new overnight liquidity tool at a level below expectations, according to people familiar with the matter, in a move some economists view as a de facto rate cut that could push down market borrowing costs, according to Bloomberg.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
