PBoC is to maintain moderately loose monetary policy with stronger counter-cyclical adjustments, reiterates to make use of various tools in monetary policy control and to maintain ample liquidity and keep CNY stable
Importance
Level 1
- To monitor bond market from macro-prudential perspective, watch long-term yield moves.
- To comprehensively use various tools to strengthen monetary policy regulation.
- To improve FX market resilience.
- To expand domestic demand and optimise supply.
- To step monetary policy management.
- Major economies show diverging growth, inflation and policy outlook remain uncertain
#CHINA#CNY#ASIA#PBOC#IMPORTANT#FIXED INCOME#EU SESSION#CENTRAL BANK#MONETARY POLICY#CNY