"Many analysts expect China’s central bank to cut the rate on its MLF on Wednesday"

I just posted this:

• We may be getting an interest rate change from the PBOC today (but probably not)

Perhaps my 'on hold' expectation is out of line?

This via the South China Morning Post:

• Many analysts expect China’s central bank to cut the rate on its medium-term lending facility on Wednesday, with more easing likely
• Mild inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term and a return of capital inflows make loosening possible, experts say, as Beijing tries to get the economy back on track
• “We expect, with more than 50 per cent likelihood, the medium-term lending facility (MLF) to be cut by 10 basis points, and it is likely to be followed by a cut to the one-year loan prime rate,” said Ding Shuang, chief Greater China economist with Standard Chartered Bank in Hong Kong.

Huh. Here is the link to the SCMP article, may be gated.

Re that remark on the loan prime rate; this will be set by the People's Bank of China on Monday next week, the 20th.

The one-year MLF rate is currently 2.85%. I was last lowered, from 2.95%, in mid-January.