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Goldman Sachs-China PBOC Reaffirms Its Measured Easing Stance at Q1 MPC Meeting We Drop Our 2026 Rate Cut Call-260401 by huabaoweisd is a document available to read on EtoBox.
The PBOC reaffirmed its measured easing stance during the Q1 MPC meeting, indicating a reluctance to cut policy rates despite a focus on reducing financing-related fees. As a result, Goldman Sachs has removed its previous forecast for a 10bp rate cut in Q3 2026, citing strong economic data and a stable outlook for China
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