The People’s Bank of China (PBOC) contemplates a strategic move to counter deflationary forces and fortify lending. The anticipated 10 basis points reduction in the one-year policy loans rate, revealed through a Bloomberg survey, reflects the PBOC's determination to proactively support the economy. This impending adjustment, coupled with a net injection of 121 billion yuan via the MLF, underscores the intricate financial dance underway in the nation. Welcome to Fiatlandia! Got some Sats?

econ

The People’s Bank of China (PBOC) contemplates a strategic move to counter deflationary forces and fortify lending. The anticipated 10 basis points reduction in the one-year policy loans rate, revealed through a Bloomberg survey, reflects the PBOC's determination to proactively support the economy. This impending adjustment, coupled with a net injection of 121 billion yuan via the MLF, underscores the intricate financial dance underway in the nation. Welcome to Fiatlandia! Got some Sats?

https://www.bloomberg.com/news/articles/2024-01-11/china-seen-cutting-rate-boosting-cash-to-support-economy?cmpid%3D=socialflow-twitter-economics&utm_campaign=socialflow-organic&utm_source=twitter&utm_content=economics&utm_medium=social

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