China Securities Journal says the People’s Bank of China could lower Loan Prime Rates (LPRs) in Q1 2024.
Just yesterday:
The PBoC missed the chance in January. The next LPR setting is due on Tuesday February 20. The final chance for Q1 is the setting on Wednesday March 20.
I posted a few weeks back on the challenge the PBoC faces in easing policy:
This article was written by Eamonn Sheridan at www.forexlive.com. Source