People’s Bank of China (PBOC) Deputy Governor Zou Lan said on Thursday that “China’s monetary policy is supportive and relatively loose.”
Further comments
“China’s macro leverage ratio has exceeded 300% and is rising.”
“Central bank is focusing more on price-based policy tools.“
“China has sufficient room for monetary policy. “
“Will cut interest rates, reserve requirement ratio (RRR) at appropriate time.”
“Will use variouis policy tools to keep liquidity ample.”
“Will lower comprehensive financing costs.”
Source: https://www.fxstreet.com/news/pbocs-zou-chinas-monetary-policy-is-supportive-and-relatively-loose-202503270703
