Today news
About the same in other media
08.12 - 19:55
03.12 - 15:03
China sets stage for easier monetary policy as central bank deletes language from new report
Reading now: 796
cnbc.comBEIJING — China's central bank removed several phrases on policy restraint in a quarterly report, a move economists said may be a sign that stimulus is on its way.
The People's Bank of China has kept monetary policy little changed since China shook off the worst of the pandemic's impact last year. Economic growth has slowed in the last several months amid a regulatory crackdown on the property sector, power shortages at factories and lackluster consumer spending.
The PBOC's third quarter report on monetary policy released late Friday left out a reference to how the central bank would not engage in large-scale, flood-like stimulus. It's a phrase that indicates policy restraint and has appeared in central government statements since at least
Read more on cnbc.comAbout this in other media
China’s Central Bank Cuts Reserve Requirement Ratio for Banks wsj.com /2 years ago
Citi seeks securities licence in China fnlondon.com /2 years ago
Didi shares surge despite plan to delist from the U.S. cnbc.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
