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Showing 21 - 30 of 170 results for "PBOC"

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... and for certain, it's gonna irritate Trump. Financial markets were shell-shocked after the People's Bank of China (PBOC) allowed the yuan to fall below the psychological threshold of CNY7.0 per US dollar. The official CNY/US$ exchange rate dropped ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... developments resulted from economic stimuli delivered by the Chinese government and the People's Bank of China's (PBOC) as well as hopes (at the time) that a trade deal with the US would be reached. The recent breakdown in trade negotiations ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... (indicating contraction) in the previous three months. The timely counter-cyclical measures by both the People's Bank of China (PBOC) and the country's fiscal authorities are starting to bear fruit. The People's Bank of China cut the reserve ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... the full year 2018 from 6.9% in 2017. These policy stimulus measures came on top of the People's Bank of China's (PBOC) 1.0% reduction in the reserve requirement ratio (RRR) - 0.5% on 15 January and 0.5% on 25 January - estimated to release around ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... meeting - is predicted to engage in some form of policy easing in the coming months. As for the People's Bank of China (PBOC), Factset reports: "At press conference to conclude NPC, Li reaffirmed capacity to use reserve requirements and interest ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... expected to announce exit policies - both are now expected to keep policy settings on hold. The People's Bank of China (PBOC) has shifted to an accommodative policy stance. Sure, these would delay central banks' march towards policy normalisation ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... Trump's central target, is worse hit as its economy and its stockmarket declined. So much so, the People's Bank of China (PBOC) recently announced a 1% cut in the reserve requirement ratio (RRR) - 0.5% on January 15 and 0.5% on January 25 - and ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... forward indicators suggest that unless authorities introduce more accommodative measures - the People's Bank of Chin (PBOC) has already cut the reserve requirement ratio four times this year for a total of 250 basis points, among others - economic ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... basis point cut in the reserve requirement ratio - to 14.5% for large institutions and 12.5 percent for smaller banks - the PBOC announced earlier this month took effect this week and is expected to inject a CNY750 into the financial system. This followed ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... extreme volatility in the Chinese equity market. But the fact that this happened a day after the People's Bank of China (PBOC) boosted liquidity in the domestic economy - in the form of a 100 basis point reduction in the reserve requirement (to 14.5% ...