PBOC to focus more on moderateness in its monetary policy – China Press

Dhwani Mehta FXStreet

China’s Financial News said in a commentary on Monday, the People’s Bank of China’s (PBOC) monetary policy will focus more on "moderateness", while structural policies will be the optimal choice to support small firms and stabilize employment.

Additional headlines

“Overall easing cannot, of itself, support companies and save jobs.”

“The PBOC will continue to push for lower actual interest rates on loans and company financing costs in H2.”

USD/CNH Price Analysis: Sidelined after bullish Doji reversal

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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