{"id":709557,"date":"2026-06-17T13:18:11","date_gmt":"2026-06-17T13:18:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/709557\/"},"modified":"2026-06-17T13:18:11","modified_gmt":"2026-06-17T13:18:11","slug":"china-tweaks-short-term-rates-to-better-steer-markets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/709557\/","title":{"rendered":"China Tweaks Short-Term Rates to Better Steer Markets"},"content":{"rendered":"<p>China\u2019s central bank has narrowed the interest rate corridor for its overnight ad hoc operations, an adjustment aimed at improving short-term liquidity management.<\/p>\n<p>Speaking Wednesday at the Lujiazui Forum in Shanghai, People\u2019s Bank of China (PBOC) Governor Pan Gongsheng announced that rates for <a href=\"https:\/\/www.pbc.gov.cn\/en\/3688110\/3688172\/2026\/2026061717452740753\/index.html\" rel=\"nofollow noopener\" target=\"_blank\">overnight ad hoc repos and reverse repos <\/a>are now set at 25 basis points below and above the seven-day reverse repo rate, respectively.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/loading.gif\" alt=\"loadingImg\"\/><\/p>\n<p>You&#8217;ve accessed an article available only to subscribers<\/p>\n<p>VIEW OPTIONS<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s central bank has narrowed the interest rate corridor for its overnight ad hoc operations, an adjustment aimed&hellip;\n","protected":false},"author":2,"featured_media":709558,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-709557","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/709557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=709557"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/709557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/709558"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=709557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=709557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=709557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}