What Does PBOC’s RRR Cut Mean for the Economy, Markets?

Bloomberg Markets and Finance published this video item, entitled “What Does PBOC’s RRR Cut Mean for the Economy, Markets?” – below is their description.

Jul.12 — Cecilia Chan, chief investment officer of Asia Pacific at HSBC Asset Management, discusses the state of the Chinese economy, policies and financial markets. The People’s Bank of China said on Friday it would reduce the reserve requirement ratio by 0.5 percentage point for most banks effective July 15. Chan also discusses the outlook for the global economy and HSBC’s investment themes for the second half on “Bloomberg Markets: Asia.”

Bloomberg Markets and Finance YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

  • Bloomberg Green: The Road to COP26
  • Wall Street Week – Full Show (09/24/2021)
  • Bloomberg New Economy: Leading Through Recovery
  • In This Story: Pacific

    The Pacific Ocean is the largest and deepest of Earth’s oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean in the south and is bounded by the continents of Asia and Australia in the west and the Americas in the east

    2 Recent Items: Pacific

  • China says Quad resembles clique reminiscent of Cold War era
  • Indo-Pacific leaders hold first national quad meeting | 9 News Australia
  • Leave a Comment

    We don't require your email address now, just your name. BUT, if you do add it, you may be notified if there are replies to your comment. Please make respectful comments, which add value, and avoid personal attacks on others. Comments failing to adhere to these guidelines will not be published.