DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Winni Zhou - 2 Wu Fang - 2 Tom Westbrook - 2 Jason Lee - 1 Zhou Maohua - 1 Zhou - 1 Sam Holmes - 1 Ting Lu - 1
Top related locs:
China SINGAPORE Beijing Rights SHANGHAI United States outflows Shanghai Singapore
Top related orgs:
People's Bank of China - 2 Thomson - 2 REUTERS - 1 Rights - 1 China Everbright Bank - 1 Nomura - 1 Macquarie - 1

Search resuls for: "Wu Fang"


2 mentions found


☆ China expected to keep key lending rates unchanged next week
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
A man wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, February 3, 2020. In a poll of 26 market watchers, all participants predicted both the one-year LPR and the five-year tenor would stay unchanged. "The changes in LPR are more affected by the MLF rate," Zhou said, expecting the LPR to stay unchanged this month. The PBOC on Wednesday injected 1.45 trillion yuan ($200.12 billion) worth of one-year MLF loans into the banking system but kept the rates on those loans unchanged. Expectations of steady LPR fixings also come as new bank lending in China fell less than expected in October from the previous month.
Persons: Jason Lee, Zhou Maohua, Zhou, Winni Zhou, Wu Fang, Tom Westbrook, Sam Holmes Organizations: People's Bank of China, REUTERS, Rights, China Everbright Bank, Thomson Locations: Beijing, China, Rights SHANGHAI, SINGAPORE, United States, outflows, Shanghai, Singapore
☆ China central bank seen cutting medium-term policy rate: Reuters poll
  + stars: | 2023-06-14 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI/SINGAPORE, June 14 (Reuters) - China's central bank is widely expected to cut the borrowing cost of medium-term policy loans for the first time in 10 months on Thursday, after it lowered two key short-term policy rates, a Reuters poll showed. China remains an outlier among global central banks as it loosens monetary policy to shore up a stalling recovery but further rate cuts will widen the yield gap with U.S. assets and risk greater outflows. The MLF rate serves as a guide to the benchmark loan prime rate (LPR), and markets usually use the medium-term rate as a precursor to any changes to the lending benchmark. Looking ahead, we expect another 10bp cut in the MLF rate in 3Q23." The PBOC last cut the MLF rate in August 2022 to prop up the broad economy disrupted by stringent zero-COVID measures.
Persons: Ting Lu, Larry Hu, Wu Fang, Winni Zhou, Tom Westbrook, Jacqueline Wong Organizations: People's Bank of China, Nomura, Macquarie, Thomson Locations: SHANGHAI, SINGAPORE, China, lockstep
0 next >>
Total: 2