π¨π³#china #economy #support
BBG: Chinese banks will likely trim their benchmark loan prime rates Monday for the first time in months to help spur borrowing demand and reverse a sharp slump in consumer and business sentiment.
#rates the one-year loan prime rate -- the de facto benchmark lending rate for banks -- is expected to be cut by 10 basis points to 3.6%, according to all 20 economists polled by Bloomberg. That would be the first reduction in that rate since January.
#QFIN
BBG: Chinese banks will likely trim their benchmark loan prime rates Monday for the first time in months to help spur borrowing demand and reverse a sharp slump in consumer and business sentiment.
#rates the one-year loan prime rate -- the de facto benchmark lending rate for banks -- is expected to be cut by 10 basis points to 3.6%, according to all 20 economists polled by Bloomberg. That would be the first reduction in that rate since January.
#QFIN
π§π·#brazil #inflation #rates
Brazil seems ready to start cutting rates amid falling inflation
#monetarypolicy
Brazil seems ready to start cutting rates amid falling inflation
#monetarypolicy