PBOC Gov Yi Gang says forecasts for inflation in China in 2023 are in a moderate range<p>Governor of the People's Bank of China Yi Gang remarks crossing news wires. </p><ul><li>forecast for China inflation in 2023 is in a moderate range</li><li>policy focus is on growth</li><li>monetary policy has been fairly accommodative</li></ul><p>-</p><p>On inflation the 'moderate' levels in, and predicted for, China allow the PBoC to ease policy more than they would be comfortable with if inflation was high. </p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: PBOC Gov Yi Gang says forecasts for inflation in China in 2023 are in a moderate range (https://forexlive.com/centralbank/pboc-gov-yi-gang-says-forecasts-for-inflation-in-china-in-2023-are-in-a-moderate-range-20221202/https://forexlive.com/centralbank/pboc-gov-yi-gang-says-forecasts-for-inflation-in-china-in-2023-are-in-a-moderate-range-20221202/)
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