China's central bank is expected to leave a key policy rate unchanged when it rolls over maturing medium-term loans on Friday, a Reuters survey showed, amid uncertainty over the timing of expected Federal Reserve interest rate cuts. Market watchers widely believe Beijing will continue to prioritise the stability of the yuan, despite widespread views that the struggling economy needs more stimulus. Cutting rates before a move by the Fed or other major central banks would widen yield differentials, potentially putting more pressure on the currency, which has depreciated 1.3% against the dollar so far this year despite ... (full story)