Expectations grow of a PBOC RRR cut in October – but Monday could bring a rate cut

Something to watch for before then is coming up on Monday. The 20th will bring the People’s Bank of China setting its one-year and five-year loan prime rates.
These have remained unchanged for 16 months.
  • one-year loan prime rate 3.85%
  • five year rate 4.65%
I’ll have more on this on approach.