Home Forex A slower Fed hike in 1H2023 will give China more policy space

A slower Fed hike in 1H2023 will give China more policy space

by SuperiorInvest

Wang Yiming, an adviser to the Monetary Policy Committee of the People’s Bank of China (PBOC), said on Wednesday: “slower Fed an increase in the 1st half of 2023 will give China more policy space.”

More comments

The main problem of the Chinese economy is the lack of finance.

China has limited room to cut interest rates.

Market reaction

USD/CNY last traded at 7.1456, up 0.09% on the day.

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