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PBOC leaves medium-term loan rate unchanged

The People’s Bank of China surprised markets on Monday by keeping its one-year medium-term lending facility on hold at 2.5%.

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Did China just boost the 2024 dividend outlook for BHP shares?

Did China just boost the 2024 dividend outlook for BHP shares?
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China central bank holds rates - Taipei Times

China’s central bank yesterday refrained from cutting interest rates and injecting liquidity into the economy, disappointing analysts who had expected more forceful action to cushion growth from worsening COVID-19 outbreaks. Its focus is shifting to a possible reduction in the reserve requirement ratio (RRR) for banks, a move that would give lenders cheap funding to spur loans and growth in the economy. The Chinese State Council hinted strongly on Wednesday of a reduction in the RRR. The People’s Bank of China (PBOC) yesterday kept the rate on its one-year policy loans at 2.85 percent. Only six of the 22 economists surveyed by

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