PBOC's Further Easing May Provide Only Marginal Benefits -- Market Talk

Dow Jones

2025/05/20

0159 GMT - The Chinese central bank's further easing of monetary policy earlier Tuesday may provide only marginal benefits, Capital Economics' Zichun Huang says in commentary. "Modest rate cuts alone are unlikely to meaningfully boost loan demand or wider economic activity," the China economist says. The People's Bank of China said earlier that the one-year and five-year loan prime rates were lowered by 10 basis points. Also, a rate reduction had been widely expected after the PBOC's guidance at a press conference earlier this month, the economist adds. Capital Economics forecasts an additional 40 bps of rate cuts by end-2025. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 19, 2025 21:59 ET (01:59 GMT)

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The People's Bank of China said earlier that the one-year and five-year loan prime rates were lowered by 10 basis points. Also, a rate reduction had been widely expected after the PBOC's guidance at a press conference earlier this month, the economist adds. Capital Economics forecasts an additional 40 bps of rate cuts by end-2025. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 19, 2025 21:59 ET (01:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PBOC","symbol_name":"PGIM S&P 500 Buffer 20 ETF - October","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2536657468","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536657468","pubTimestamp":1747706340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0159 GMT - The Chinese central bank's further easing of monetary policy earlier Tuesday may provide only marginal benefits, Capital Economics' Zichun Huang says in commentary. \"Modest rate cuts alone are unlikely to meaningfully boost loan demand or wider economic activity,\" the China economist says. The People's Bank of China said earlier that the one-year and five-year loan prime rates were lowered by 10 basis points. Also, a rate reduction had been widely expected after the PBOC's guidance at a press conference earlier this month, the economist adds. Capital Economics forecasts an additional 40 bps of rate cuts by end-2025. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PBOC":"PGIM S&P 500 Buffer 20 ETF - October"},"translate_title":"中国人民银行的进一步宽松可能只会带来边际好处——市场讨论","themeId":"d1c60dc820d04fa9857fb30a0314b8bd","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PBOC":1},"content_text":"0159 GMT - The Chinese central bank's further easing of monetary policy earlier Tuesday may provide only marginal benefits, Capital Economics' Zichun Huang says in commentary. \"Modest rate cuts alone are unlikely to meaningfully boost loan demand or wider economic activity,\" the China economist says. The People's Bank of China said earlier that the one-year and five-year loan prime rates were lowered by 10 basis points. Also, a rate reduction had been widely expected after the PBOC's guidance at a press conference earlier this month, the economist adds. Capital Economics forecasts an additional 40 bps of rate cuts by end-2025. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 19, 2025 21:59 ET (01:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}