PBOC: Will maintain a reasonable spectrum of economic operations

The People’s Bank of China (PBOC) in its recent Q1 monetary policy implementation report said that it will maintain economic activity at an appropriate level.

May 09, 2022 - 02:28 PM 454 views

PBOC: Will maintain a reasonable spectrum of economic operations

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The People’s Bank of China (PBOC) in its recent Q1 monetary policy implementation report said that it will maintain economic activity at an appropriate level.

Key Takeaways

Will not retreat from Tsunami-style impetus.

Will store a large amount of liquid assests fairly.

Will essentially maintain macro leverage ratio stable.

Will keenly watch inflation trends and maintain price levels stable.

Will keep an eye on monetary policy alterations made by the developed countries.

A well judged monetary policy will always come forward to support the real economy.

Will not utilise property as a short-term impetus for the economy.

Will give importance to stability and take initiatives to improve confidence.

Will support adamant housing demand and take steps to boost support for house lease financing.

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