China’s Central Bank in Surprise MLF Loan at Low Rate

Quick Summary:

Stocks fall after PBOC's second surprise for the week leaves analysts thinking the economy is facing deflationary pressure and policymakers are anxious to provide greater monetary stimulus

The post China’s Central Bank in Surprise MLF Loan at Low Rate appeared first on Asia Financial.

China’s stock markets reacted negatively to the news on Thursday, taking the sudden urgency on the part of authorities to lend to mean that deflationary pressures and weakness in consumer demand are more severe than what is priced into assets.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: ESG Market Insights Regions Asia World

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 08:23:35 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 652 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 21770611

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Official Website: asiafinancial.com

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News Last Updated: 18 hours ago

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