May 8, 2020 / 1:15 AM / 21 days ago

MEDIA - PBOC to potentially cut rates in May - China Securities Journal

SHANGHAI, May 8 (Reuters) - -- Source link: (here)

— The People’s Bank of China could potentially cut money market rates and medium-term rates in May, and possibly lower banks’ reserve requirement ratios again targeting certain sectors, according to a report in the China Securities Journal.

— Note: Reuters has not verified this story and does not vouch for its accuracy (Reporting by Josh Horwitz and Winni Zhou; Editing by Kim Coghill)

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