PBoC: Will maintain prudent and neutral monetary policy

Below are some key takeaways from the recently published PBoC statement with key quotes, via Reuters, found below.

  • Will maintain prudent and neutral monetary policy.
  • Will improve on deleveraging work.
  • Will fend off systemic financial risks.
  • Will deepen market-based interest rate reform.
  • Trade frictions, geopolitics, normalization of monetary policies in major economies increased uncertainties in global econ. & financial markets.
  • Will comprehensively use multiple monetary policy tools to maintain ample liquidity in the banking system.

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