Bloomberg - Economists forecast one more Chinese interest-rate cut this year

A Bloomberg survey or economists has come up with a median estimate of one more rate cut this year

• The lending rate is expected to fall 0.25 percentage point to 4.85% in Q3 according to the median of 23 economists
• Also expect banks' reserve ratios will be lowered, the median of 24 analysts
• Economists cut their forecast for the benchmark one-year deposit rate by 0.25 to 2% for Q3 - median estimate of 26 survey respondents

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