Expectations of further easing of policy have ratcheted higher since the PBOC cut the reserve requirement ration last week, after pressure from above.
Bloomberg (may be gated) has outlined 3 scenarios (only 2 of which are likely):
Expectations of further easing of policy have ratcheted higher since the PBOC cut the reserve requirement ration last week, after pressure from above.
Bloomberg (may be gated) has outlined 3 scenarios (only 2 of which are likely):
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