BFM Podcast
Surprise Rate Cut In China Follows Bad Economic Data
16-Aug-23 07:00
Carlos Casanova, Senior Economist, UBP
China, in a surprise move, lowered the rate on its one-year loan by 15 bps, to 2.5%, the largest cut in 3 years. What forced the hands of the new governor of the People's Bank Of China, Pan Gongsheng? Carlos Casanova, Senior Economist at UBP tell us.
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