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Wednesday, December 24, 2014
Central Bank Keeps Doing Nothing; RRR Cuts May not Arrive
ANBOUND

The central bank keeps doing nothing in open market. ANBOUND research team points out that the tension of finance in the end of the year has strong seasonal reasons. Financial situation will improve a lot after entering a new year. Since the spring festival in 2015 is relatively later, the finance situation is likely to be relatively eased in January. If so, the market's expectation of RRR cuts may not arrive. Monetary policies will remain unchanged before interest rate falls naturally.

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