Experts weigh in on central bank move to cut RRR
By Yu Xiaoming | chinadaily.com.cn | Updated: 2020-01-02 14:25
Ming Ming, vice-director of CITIC Securities Institute
Considering this year's Spring Festival comes earlier than usual, market liquidity is coming under pressure with higher cash demand. The reserve ratio cut could create a stable capital interest rate and embody the flexibility of prudent monetary policy, Ming said.
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