Home China to unveil additional monetary policy stimulus – The Daily
FXStreet News

China to unveil additional monetary policy stimulus – The Daily

Citing some Chinese analysts, The Economic Information Daily reported on Monday, the People’s Bank of China (PBOC) is expected to unveil another raft of expansionary fiscal and monetary policies to stimulate domestic demand.

Key takeaways

“The supply-side recovers faster than the demand side in China.”

“The central bank should make more cuts to the reserve ratio at an appropriate time to lower financing costs in the economy.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.