PBOC’s Yi: Current interest rates are appropriate

The Chinese state media reports the People’s Bank of China (PBOC) Governor, Yi Gang, with the key headlines found below.

Current interest rates are appropriate.

Any rate decision is to be based on China's situation.

China's inflation trend is mild.

Japan’s Motegi: Expect economic recovery to continue despite some weakness

Japanese Economy Minister Motegi is out on the wires now, via Reuters, speaking about the economic situation. Key Headlines: Economy is continuing gra
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Money markets now price in less than 40% chance of a 10 bps ECB rate cut on Thursday

Reuters cites ECBWATCH that money markets are now pricing in less than 40% chance of a 10 bps European Central Bank (ECB) rate cut on Thursday versus
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