Pboc Chief: Won’t Make Big Reserve Requirement Ratio Cuts

China won’t engage in aggressive moves to ease monetary policy like other global central banks, as the economy is still performing within expectations, the Chinese central bank’s governor Yi Gang said on Tuesday.

Topics:  chinese   yi gang   won   central   
BING NEWS:
  • Bond comments by China’s Xi hint at possible expansion of PBOC toolkit
    However, after several rounds of cuts to the reserve requirement ratio in the past year, economists say authorities may only have limited room for further cuts in the future. The PBOC now needs ...
    04/2/2024 - 2:48 pm | View Link
  • Xi’s cryptic bond comments hint at PBOC becoming more like Fed
    Those methods have shortcomings, though. Economists see shrinking space for further cuts to the reserve requirement ratio. Loans need to be renewed. And any misjudgment of demand for liquidity ...
    04/1/2024 - 1:00 pm | View Link
  • Xi’s Cryptic Bond Comments Hint at PBOC Becoming More Like Fed
    pushing the nation toward strategies used by the Federal Reserve and other major central banks around the world. Most Read from Bloomberg A Million Simulations, One Verdict for US Economy ...
    03/31/2024 - 1:00 pm | View Link
  • PBOC chief seeks to deepen currency ties with Asian economies
    including cutting the amount of money that banks need to keep in reserve. Analysts expect the PBOC to deliver two more cuts to the reserve requirement ratio this year. BLOOMBERG ...
    03/26/2024 - 6:48 pm | View Link
  • PBOC Signals Liquidity Boost for Banks But Cautions on Rate Cuts
    There is still room to lower the reserve requirement ratio for banks ... “A rate cut may be delayed,” said Zhang Zhiwei, chief economist for Pinpoint Asset Management Ltd. He cited concerns ...
    03/20/2024 - 9:25 pm | View Link
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