Pantheon Macroeconomics - Following this week's 25bp Fed hike, the PBoC hiked the main interest rates in its corridor by... 5bp. The move was unexpected so the RMB strengthened modestly; commentary is full of how this means the deleveraging drive is serious.

Asia | 15 December 2017 The PBoC's Meagre Hike Implies the RMB is set to Depreciate
Following this week's 25bp Fed hike, the PBoC hiked the main interest rates in its corridor by... 5bp. The move was unexpected so the RMB strengthened modestly; commentary is full of how this means the deleveraging drive is serious.

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15 December 2017 The PBoC's Meagre Hike Implies the RMB is set to Depreciate

By Freya Beamish

Following this week's 25bp Fed hike, the PBoC hiked the main interest rates in its corridor by... 5bp. The move was unexpected so the RMB strengthened modestly; commentary is full of how this means the deleveraging drive is serious.

Posted: 14th Dec 2017 in 'Asia'

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