Murmurs of further monetary ease from Beijing increase as tightened liquidity leads to a sharp...

|By:, SA News Editor

Murmurs of further monetary ease from Beijing increase as tightened liquidity leads to a sharp jump in interbank lending rates. Adding to the thought are 2 consecutive months of capital outflows, something that has never happened before, says an HSBC economist. Last year on Christmas Day, the PBOC hiked interest rates.