PBOC Pauses in Rate Cutting. Outlook Remains Expansionary amidst Global Demand Uncertainty and Renewed Trade Tensions

<p>PBOC this morning announced to leave the loan prime rate (LPR) unchanged at 3.85%. While this had been widely anticipated, it should not be interpreted as a signal of unwinding monetary stimulus. We believe the pause allows the central bank some time to assess the impact of previous easing measures on the economy. Despite upside [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/296590-pboc-pauses-in-rate-cutting-outlook-remains-expansionary-amidst-global-demand-uncertainty-and-renewed-trade-tensions/">PBOC Pauses in Rate Cutting. Outlook Remains Expansionary amidst Global Demand Uncertainty and Renewed Trade Tensions</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>