- PBOC: Will step up monetary policy implementation
Market news
29 June 2022
PBOC: Will step up monetary policy implementation
Following their Q2 monetary policy meeting, the People’s Bank of China (PBOC) noted the following:
They are to step up the implementation of prudent monetary policy.
Will work on stabilizing employment and consumer prices.
Will be proactive and boost confidence.
Vows to better meet reasonable housing demand.
Will keep consumer prices basically stable.
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