Pictet Wealth Management believes the PBoC will maintain its accommodative stance for the remainder of the year in a bid to boost the domestic economy and reduce pressure from the Fed. “A dovish Fed and the stabilisation in RMB has given the PBoC more leeway to stay on the easing side,” the wealth manager said. Specifically, Pictet WM expects the…
Pictet WM expects PBoC to cut RRR in Q2
Have a confidential tip? Get in touch [email protected]

