Economics

China Market Watchers See PBOC Cutting Rates in Coming Months

  • Chinese central bank’s liquidity injection lifts stocks
  • NatWest sees room for 20bps cut in benchmark rates in 2022

The People's Bank of China (PBOC) headquarters building in Beijing.

Photographer: Yan Cong/Bloomberg
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China’s market watchers took the central bank’s decision to keep a policy-loan rate steady in stride, continuing to forecast further reductions in the coming months amid a challenging economic outlook.