China’s Central Bank Raises Borrowing Costs After Fed Hikes


  • PBOC lifted reverse repos rates to commercial lenders by 5 bps
  • Hike in line with expectation, normal reaction to Fed: PBOC

China’s central bank increased the cost of short-term loans to commercial lenders, tightening policy in step with the U.S. Federal Reserve.


Leave a Comment

Your email address will not be published. Required fields are marked *