PBOC to cut rates again by end of Dec
Latest Reuters poll has a big percentage seeing more cuts
- 80% of pollsters see PBOC cutting RRR by end of Dec
- Sees RRR cut to 17% by year end & 16% by end of 2016
- 70% see them cutting lending and deposit rates by end of Dec too
- By year end sees deposit rate being cut to 1.5% and lending rate to 4.35%
Next to the Fed, guessing the PBOC's next move is the new game in town
