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China's interest rate cuts: more to come?

China's interest rate cuts: more to come?

Report summary

On 27 June, the People’s Bank of China (PBoC) cut interest rates and the Reserve Requirement Ratio (RRR). Stabilising economic growth is the key objective. Since November 2014, the PBoC has cut interest rates four times and the RRR three times. Will further interest rate cuts be required to meet the growth target for 2015? 

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