PBOC to set up policy framework to lower RRR for small banks

Market news

6 May 2019

PBOC to set up policy framework to lower RRR for small banks

RRR cuts for some small- and medium-sized banks to be implemented in three phases
Implementation in the three phases included May 15, June 17 and July 15

One must bear in mind that Chinese data are not extremely reliable and can be volatile - ABN AMRO

Before the bell: S&P futures -1.58%, NASDAQ futures -1.95%

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