Oz Blog News Commentary

Get set for a falling yuan

November 29, 2021 - 11:30 -- Admin

TS Lombard with the note: For the PBoC, growth and financial stability concerns trump inflation and worries about monetary policy divergence. The bank’s recently released Q3 monetary policy report indicates a dovish shift and confirms our expectations of sustained policy support for the economy, particularly for the property sector. A 50 bps RRR cut is

The post Get set for a falling yuan appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]