Economics
China Moves Toward Rate Cut Just as World Starts to Tighten
- PBOC may reduce MLF cost as soon as next week, Scotiabank says
- Authorities have vowed to ensure economic stability this year
Pedestrians in the Lujiazui Financial District at sunrise in Shanghai, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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Expectations of an interest-rate cut in China are increasing after authorities pledged to ensure economic stability this year.