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China Banking News
China Banking News
PBOC Expected to Loosen Monetary Policy and Cut Rates after April Decline in Household Lending
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PBOC Expected to Loosen Monetary Policy and…

CBaN Editor
May 15, 2023

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China Banking News
China Banking News
PBOC Expected to Loosen Monetary Policy and Cut Rates after April Decline in Household Lending
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Household loans saw a sharp contraction in April, with domestic analysts now forecast a loosening of monetary policy from the People's Bank of China.

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