Chinese Central Bank Signals Possible Reserve Cuts
7 months ago
Recent comments from the Deputy Governor of the People's Bank of China (PBOC) indicated that further cuts to reserve requirements may be implemented in the near future. These measures, he noted, are aimed at maintaining liquidity in the country's economy. Given the current economic conditions, optimizing the monetary policy mechanism remains a focal point.
Continue reading
People's Bank of China Holds Policy Loan Rate Steady After Warning on Bond Rally
7 months ago
The People's Bank of China (PBOC) has decided to maintain its policy loan rates, reflecting its commitment to control market volatility. This decision comes after recent warnings about the potential threat posed by rising bond prices to financial stability. Specifically, the PBOC emphasized the significance of the bond rally and its possible impact on the country’s economic conditions.
Continue reading