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PBOC: Will continue supportive monetary policy

FXStreetNov 8, 2024 9:16 AM

The People’s Bank of China (PBOC) published its third-quarter monetary policy report on Friday, with the key findings noted below.

Will continue supportive monetary policy.

Will increase monetary policy regulation.

Will increase the precision of monetary policy.

Will maintain liquidity reasonably ample.

Guide reasonable credit increase.

Will make the promotion of a reasonable rebound in prices an important consideration of monetary policy.

Will push prices to stay at reasonable levels.

Will continue to enrich the monetary policy toolkit to improve the efficient use of funds.

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