China’s economic challenges are likely to lead to further monetary easing by the People’s Bank of China (PBOC) in the coming months, according to Barclays economists. The bank cites low inflation, weak domestic demand, and tariff tensions as key factors. While not immediate, easing is becoming increasingly necessary
Barclays predicts:
•A total 20 basis point policy rate cut this year, split into two 10 bp cuts •50 to 100 basis points of reserve requirement ratio (RRR) cuts
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