Will China's Central Bank Cut Rates to Boost Sagging Economy?

China’s economy showed mixed signals in June with consumer prices rising modestly for the fifth straight month but missing expectations, while producer prices stayed in deflationary territory.  These developments come ahead of an important policy meeting of the Chinese Communist Party (CCP) next week. The focus of the July 15-18 CCP meeting is expected to prioritize addressing tensions with Washington and boosting domestic demand.  According to official data released on Wednesday by the National Bureau of Statistics, China’s…