China cuts interest rates amidst weak economic data, and introduces greater rate flexibility
Published on Wednesday, June 6, 2012
China cuts interest rates amidst weak economic data, and introduces greater rate flexibility
Summary
The PBoC announced a 25bp cut in interest rates late today after Asian markets had closed. The move is in line with our expectations of up to two interest rate cuts in the coming quarters.
Geographies
- Geography Tags
- Asia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research