Global Economy
PBoC Q2 Monetary Policy Implementation Report:
StockNow breaking-news AI analysis
PBoC reaffirmed a moderately loose stance to boost demand and stabilize the Yuan, despite July data showing cooling factory-gate inflation and slowing export growth.
News detail
To boost counter-cyclical adjustment. Will expand domestic demand, deepen financial reform and high-level opening. Continues to implement moderately loose monetary policy. Will use comprehensive tools and adjust as needed to keep liquidity ample and social financing relatively loose. Will keep Yuan exchange rate basically stable at reasonable level. China's inflation likely to maintain reasonable rebound.
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