China's central bank to "cut interest rates" again, one-year MLF rate cut by 15 basis points
Hawk_Finance
2023-08-16 17:47:02
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According to the People's Bank of China, in order to hedge the impact of tax peaks and other factors, to maintain a reasonable abundance of liquidity in the banking system, the People's Bank of China on August 15 to carry out 401 billion yuan of 1-year MLF and 204 billion yuan of 7-day reverse repurchase operations, the winning interest rates were 2.5%, 1.80%, 2 respectively last time.65%, 1.90%, down 15 and 10 basis points this time, respectively。This is the second time in three months that China's central bank has cut its policy rate.。The last adjustment to the 1-year MLF rate and the 7-day reverse repo rate, which are medium-term policy rates, was in June, with both rates cut by 10 basis points each.。
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