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Monday, October 24, 2011

DBS expected monetary easing in the second quarter next year

DBS expected monetary easing in the second quarter next year Jun Hao Huang [the reporter] reported inflation peaked with signs of slowing economic growth, China is widely expected to gradually relax control on the season starting, but DBS Bank yesterday forecast, due to continued negative interest rates, the mainland at the earliest after the second quarter of next year it is possible to relax the policy, but only the deposit reserve ratio will not cut interest rates. The bank has confidence in the Chinese economy, said the mainland there is no "hard ...DBS expected monetary easing in the second quarter next year

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