• PBOC’s Wang: Slower Fed hikes in 1H 2023 will give China more policy room

Noticias del mercado

23 noviembre 2022

PBOC’s Wang: Slower Fed hikes in 1H 2023 will give China more policy room

Wang Yiming, an adviser to the monetary policy committee of the People's Bank of China (PBOC), said on Wednesday, “slower Fed hikes in 1H 2023 will give China more policy room.”

Additional comments

The Chinese economy's main problem is a lack of financing.

China has limited room to cut interest rates.

Market reaction

USD/CNY was last seen trading at 7.1456, up 0.09% on the day.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: