- Analytics
- News and Tools
- Market News
- PBOC’s Zou: Will continue implementing prudent monetary policy
PBOC’s Zou: Will continue implementing prudent monetary policy
Zou Lan, head of monetary policy at People Bank of China (PBOC) reaffirmed on Thursday that the central bank “will continue implementing prudent monetary policy.”
Additional quotes
“To consolidate financing support for the real economy as demand still needs time to pick up.”
“To maintain the trend of economic recovery amid "scarring effect" of Covid-19.”
“Expect inflation to pick up later this year.”
“But see no basis for long-term deflation or inflation in the country.”
Market reaction
At the time of writing, AUD/USD Is consolidating its rebound at around 0.6720, up 0.10% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
