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JP Morgan forecasts a PBOC RRR and rate cut after Lunar New Year

  • January 20, 2025
  • -FCHFX

January 19, 2025 at 11:37PM
J.P. Morgan Asset Management with the projection:

People’s Bank of China (PBOC) to lower the reserve requirement ratio (RRR) and policy rate after the Lunar New Year holiday

National People’s Congress (this takes place in early March) to announce a series of fiscal support policies

ps. I just posted a contrasting forecast hereL

PBOC may cut RRR before the Lunar New Year holiday

This article was written by Eamonn Sheridan at www.forexlive.com.

JP Morgan forecasts a PBOC RRR and rate cut after Lunar New Year
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