Experts: PBOC will continue to flexibly use various tools to carry out open market operations according to changes in supply, demand, and market interest rates

Th08 17, 2023, at 5:58 pm

After the People’s Bank of China overextended MLF (medium-term lending facility) and increased the amount of reverse repurchase on August 15, it continued to increase the amount of reverse repurchase and carried out 290 billion yuan of reverse repurchase operations on August 16.

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Experts: PBOC will continue to flexibly use various tools to carry out open market operations according to changes in supply, demand, and market interest rates

Industry insiders: the loan market quotation rate and bank deposit interest rate in 2023 H2 are expected to be lowered, the narrowing of the net interest margin of the banking industry may slow down

China Automobile Dealers Association: 24.9% of dealers completed the semi-annual sales target