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China's central bank to keep monetary policy accommodative
China's central bank will continue to keep its monetary policy accommodative to better support the country's high-quality economic development, said the bank's deputy governor on Thursday. The central bank will use a combination of monetary policy tools to maintain reasonable and sufficient liquidity, guide banks to seek more stable and sustainable loan growth, and keep the scale of social financing and money supply in line with the expected targets for economic growth and price levels, Lu Lei, deputy governor of the People's Bank of China (PBOC) told a press conference. The central bank will give full play to the ... (full story)
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- Posted: Sep 5, 2024 11:46pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,066
