PBoC says balanced consumer prices are favourable for monetary policy adjustments

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PBoC says balanced consumer prices are favourable for monetary policy adjustments

<p>Earlier comments are here:</p><ul><li><a href="https://www.forexlive.com/centralbank/peoples-bank-of-china-official-comments-on-monetary-policy-liquidity-provision-20220902/" target="_blank" data-article-link="true">People's Bank of China official comments on monetary policy, liquidity provision</a></li></ul><p>Adding in now:</p><ul><li>
China has not taken excessive monetary policy stimulus since the
pandemic, leaving room for subsequent monetary policy adjustments</li><li>balanced consumer
prices also create favourable conditions for monetary policy
adjustments</li></ul><p>---</p><p>I think its safe to read these comments as indicating there are further policy easings in the pipeline from the People's Bank of China. Officially reported CPI in China is not skyrocketing like it is nearly everywhere else, whcish leaves policy space for the Bank, </p>

This article was written by Eamonn Sheridan at www.forexlive.com.

Source: PBoC says balanced consumer prices are favourable for monetary policy adjustments

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