China’s central bank increases liquidity support through policy lending, but rates remain unchanged – October 16, 2023 at 04:18
China’s central bank increased its liquidity support for the banking system by rolling over medium-term loans, but kept interest rates unchanged as planned. The People’s Bank of China (PBOC) is walking a tightrope between maintaining ample liquidity to help a troubled economy and stabilizing the yuan amid expectations of “higher for longer” US interest rates. … Read more