- China: PBoC seen on hold next week - UOB
Market news
17 June 2021
China: PBoC seen on hold next week - UOB
FXStreet reports that economist Lee Sue Ann at UOB Group offers her view on the PBoC's interest rate decision next week.
“The PBoC said there should be 'no sudden U-turn' of policy operations.”
“While loans growth is set to moderate this year, we continue to expect the benchmark 1Y loan prime rate (LPR) to stay flat at 3.85% for the rest of 2021.”
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