Financials Jan 17, 2022 12:59 PM (GMT+8) · EqualOcean
Financial Associated Press, January 17 - Citibank economist Xiangrong Yu and others pointed out in today's report that China's one-year and five-year loan market quotation interest rate (LPR) is expected to be reduced by 5 basis points on the 20th of this month. The report also predicts that China will cut interest rates by 25 basis points and reserve requirements by 50 basis points in the first half of this year.