0303 GMT - The PBOC could return to easing monetary policy to support Chinese economy, given U.S. President Trump's tariffs are likely to drag China's GDP growth, DBS Group Research's Samuel Tse says in commentary. DBS expects 30 bps worth of cuts to the 1-year loan prime rate and 100 bps worth of cuts to the reserve requirement ratio this year, together with resumption of the government bond-buying program. Downside risks to economy could also be cushioned by stronger fiscal support and supply of Chinese government bonds, the senior economist says. The PBOC may tighten liquidity offshore to support China's exchange rate, Tse adds. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 23:04 ET (03:04 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。