Fitch pushes back again China price reduce expectations to upcoming yr as Fed holds interest rates continual

Fitch pushes back again China price reduce expectations to upcoming yr as Fed holds interest rates continual


Key Factors
  • Rankings agency Fitch no for a longer time expects China to cut its plan rate this yr, in its place delaying such a reduction to following 12 months as the U.S. Federal Reserve keeps its curiosity premiums higher.
  • Fitch now forecasts China will retain its one-yr medium-time period lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% upcoming 12 months.
  • In March, the scores agency experienced forecast a single slash for 2024.



Source

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