Will the People's Bank of China (PBOC) announce a reduction in the Reserve Requirement Ratio (RRR) for major banks by September 30, 2024?

China's request for banks to curb interbank lending suggests an effort to manage liquidity. A reduction in the RRR would be a more direct monetary policy tool to address a cash glut, potentially indicating the PBOC's assessment of the situation.

Implied probability (Yes)

40%

Closes

2026-09-10