PBOC Adviser: Should make contingency plan to cope with possible Fed policy changes

Dhwani Mehta FXStreet

The People’s Bank of China (PBOC) should make a contingency plan to cope with possible Fed policy changes, the central bank adviser said in a statement on Tuesday.

The PBOC “should avoid credit contraction and prevent inflation expectations from intensifying,” he added.

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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