And given that both sides have now reached a temporary truce of sorts, China will see little urgency to press forward with further easing measures until they are backed into a corner again.
I mean, you never know when Trump might suddenly just turn around and reignite the whole trade war again. So, Beijing has to be best prepared for that just in case. As such, they will most definitely prepare to save further easing measures for a more rainy day than the one they're in.
The only real reason that might allow the PBOC to cut rates right now is arguably disinflationary pressures. So, there's quite a balance to be struck in the months to come. The decision on rates moving forward will not be as easy as the one today surely.
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This article was written by Justin Low at investinglive.com.Hence then, the article about icymi china left key lending rates unchanged in latest policy decision today was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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