China c.bank surprises by keeping MLF rate steady, focus now on next week’s LPR
China’s central bank
unexpectedly kept the interest rate on its medium-term funding
for financial institutions steady on Friday, even as authorities
have stepped up the pace of monetary easing recently to combat
the worst economic slowdown in decades.
unexpectedly kept the interest rate on its medium-term funding
for financial institutions steady on Friday, even as authorities
have stepped up the pace of monetary easing recently to combat
the worst economic slowdown in decades.
Posted by Reuters
