Majority of 33 Economists See PBOC Holding Rates Through 2026
Updated
Updated · Bloomberg · Jun 24
Majority of 33 Economists See PBOC Holding Rates Through 2026
2 articles · Updated · Bloomberg · Jun 24
Summary
More than half of 33 economists polled by Bloomberg now expect the People’s Bank of China to leave its policy interest rate unchanged through 2026.
The shift marks a pullback from earlier expectations for easing, with the remaining economists still forecasting only a small cut by the end of this year.
Goldman Sachs and Nomura had already dropped their calls for monetary easing this year, reinforcing the broader move toward a higher-for-longer outlook in China.
A PBOC adviser said a rate cut still remains possible, leaving the door open even as consensus increasingly swings toward a prolonged pause.