China Poised to Inject Cash to Aid Liquidity, Boost Growth
- PBOC expected to net inject MLF to meet funding demand
- Rate may stay unchanged, markets eye RRR cut: economists
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China’s central bank is expected to pump more cash into the financial system with policy loans this week, countering tightened liquidity that partly stems from large bond sales.
The People’s Bank of China may inject a net of 325 billion yuan ($45.3 billion) through its medium-term lending facility on Friday, according to the median estimate of 10 analysts surveyed. That would be less than the 600 billion yuan added last month.