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The People’s Bank of China made no changes to its one-year and five-year loan prime rates.
PBOC also announced an increase to the cross-border macro ratio, opening the door to increased overseas borrowing by Chinese companies
European Central Bank policymaker Stournaras said that another 25-bps rate increase would be sufficient, and that excessive tightening could hurt the economy.
Bank of England policymaker Ramsden said that he sees a potential for increasing the pace of the central bank’s balance sheet reduction.
In the past week the SARB kept its rate at 8.25% as expected, The Central Bank of Turkey hiked less than expected 250 bps to 17.5 percent and the Bank
[See the full post at: Central Bank Watch – Week Ahead Brings ECB, BoJ, and The Fed Rate Meetings]
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