People's Bank of China Governor Zhou Xiaochuan: the central bank had enough tools to address the downside risks

Market news

26 February 2016

People's Bank of China Governor Zhou Xiaochuan: the central bank had enough tools to address the downside risks

The People's Bank of China (PBoC) Governor Zhou Xiaochuan said on Friday that the central bank had enough tools to address the downside risks.

"China still has monetary policy space and tools to avert downside risks," he said.

Zhou noted that the economic growth remained strong.

He pointed out that there is no basis for further depreciation of the yuan.

Bank of Japan Governor Haruhiko Kuroda: the central bank could cut its interest rate further

Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy fall to 44.2 in in the week ended February 21

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.