PBOC’s Sun: PBOC is paying close attention to foreign central banks rate cuts

Please find below the key comments by PBOC monetary policy department Director, Sun Guofeng, as he speaks about the interest rates outlook.
PBOC is paying close attention to foreign central banks rate cuts.
Monetary policy will depend mainly on domestic conditions
Will deepen interest rate reforms.
Also, will further reduce real interest rates for small firms.
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.

















