Market Comment | Expansive measures in China offset worsening inflation data in Europe
Published on Monday, February 29, 2016
Market Comment | Expansive measures in China offset worsening inflation data in Europe
PBoC cut the reserve requirement ratio for banks. China’s central bank cut the reserve requirement ratio for the fifth time in a year by 50bp to 17%, this decision was taken to extend system liquidity and to encourage an “appropriate growth” in the credit market. Negative inflation in February and moderation in core in EZ, […]
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