Another rate cut hinted an imminent completion of interest rate liberalization
Publicada el lunes, 11 de mayo de 2015 | Actualizada el domingo, 13 de mayo de 2018
Another rate cut hinted an imminent completion of interest rate liberalization
Resumen
The People’s Bank of China (PBoC) cut the benchmark interest rates last Sunday, the third time since November 2014 and effective from May 11. Both the one-year benchmark lending and deposit rates were trimmed by 25 bps (to 5.1% and 2.25% respectively). The PBoC expanded the permissible floating range of customer deposit rates to 50% above the benchmark rates.
Temáticas
- Etiquetas de Temática
- Análisis Regional China
- Análisis Macroeconómico
Autores
Le Xia
BBVA Research - Economista Jefe
Jinyue Dong
BBVA Research - Economista Senior
Documentos y archivos
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