PBOC: Will step up monetary policy implementation

Dhwani Mehta FXStreet

Following their Q2 monetary policy meeting, the People’s Bank of China (PBOC) noted the following:

They are to step up the implementation of prudent monetary policy.

Will work on stabilizing employment and consumer prices.

Will be proactive and boost confidence.

Vows to better meet reasonable housing demand.

Will keep consumer prices basically stable.

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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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