China’s highly influential media outlet, Global Times, carried as story late Thursday, citing that the People’s Bank of China (PBOC) is likely to keep its monetary policy easy going ahead, in an effort to bolster the economic growth. Key quotes “According to PBOC officials, China is not likely to change its trend of monetary policy easing soon. Monetary policy in the coming months will continue to serve the “Six Priorities” and remain appropriately loose and flexible. PBOC governor Yi Gang recently noted that in the second half of 2020, the central bank will use monetary policy to ensure liquidity is at a “reasonably ample” level, with new loans to hit 20 trillion yuan for the full year and total social financing likely to increase to 30 trillion yuan. Yi also noted that the financial support offered during the epidemic response period is being phased out, and China should pay attention to the aftermath of the policy and consider the timely withdrawal of policy tools in advance.” 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. View All Post By FX Street FXStreet News share Read Next Japan’s Suga: No need to reintroduce state of emergency despite rising coronavirus cases in Tokyo FX Street 3 years China’s highly influential media outlet, Global Times, carried as story late Thursday, citing that the People’s Bank of China (PBOC) is likely to keep its monetary policy easy going ahead, in an effort to bolster the economic growth. Key quotes “According to PBOC officials, China is not likely to change its trend of monetary policy easing soon. Monetary policy in the coming months will continue to serve the "Six Priorities" and remain appropriately loose and flexible. PBOC governor Yi Gang recently noted that in the second half of 2020, the central bank will use monetary policy to ensure liquidity is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
