China’s leadership is growing concerned that loose monetary policy is fuelling an overheated stock rally, raising the risk that the People’s Bank of China may delay fresh easing measures.
Regulators are wary of repeating the 2015 equity market crash, which wiped out $6.8 trillion in value. While some economists still anticipate a modest rate cut before year-end, banks including Citigroup and Nomura warn that the PBOC may refrain from lowering interest rates or cutting reserve requirements to avoid pumping additional liquidity into markets.
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hawkish for RMB in near termequity rally momentum at risk if easing is delayedspillover to Asian FX and commodities demand This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about citigroup and nomura warn that the pboc may refrain from lowering interest rates rrr 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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