# China cuts rates on policy loans, analysts point to more easing ahead

> The People's Bank of China lowered the interest rate on 700 billion yuan of one-year medium-term lending facility loans by 10 basis points to 2.85% from 2.95%. Analysts said the move pointed to further monetary easing ahead.

- Date: 2022-01-17 · published 2022-01-17T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/43362-china-cuts-rates-on-policy-loans-analysts-point-to-more-easing-ahead
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Monetary easing aimed at supporting growth can lift Chinese livestock and feed demand over time, though the direct effect on grain prices is limited.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-01-06 | [China moves to curb yuan rally pressure due to hot money and export concerns \| South China Morning Post](https://feedsoft.ai/events/49366-china-moves-to-curb-yuan-rally-pressure-due-to-hot-money-and-export-concerns.md) | +0.1% | +0.3% |
| USDCNY | 2025-05-07 | [China injects 'tactical' monetary stimulus ahead of US trade meeting \| Reuters](https://feedsoft.ai/events/9621-china-injects-tactical-monetary-stimulus-ahead-of-us-trade-meeting-reuters.md) | -0.1% | -0.4% |
| USDCNY | 2022-08-22 | [China cuts lending benchmarks to revive faltering economy \| Reuters](https://feedsoft.ai/events/40263-china-cuts-lending-benchmarks-to-revive-faltering-economy-reuters.md) | +0.8% | +2.8% |
| USDCNY | 2024-11-26 | [China's yuan slides to four-month low on Trump's tariff promise \| Reuters](https://feedsoft.ai/events/27628-china-s-yuan-slides-to-four-month-low-on-trump-s-tariff-promise-reuters.md) | +0.6% | +0.8% |
| USDCNY | 2026-02-27 | [Yuan Snaps Rising Streak After China Cuts Cost to Short Currency - Bloomberg](https://feedsoft.ai/events/7897-yuan-snaps-rising-streak-after-china-cuts-cost-to-short-currency-bloomberg.md) | +0.7% | +1.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/china-cuts-rates-policy-loans-analysts-point-more-easing-ahead-2022-01-17/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.