CXSE - What To Expect From China's Monetary Policy Framework Reforms
2024-07-18 07:10:00 ET
Summary
- The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon.
- We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on their potential impact.
- Adjustments to central banks’ policy rates occasionally happen as policymakers review their policy toolkit, and it is not unprecedented but occurs relatively rarely.
By Lynn Song
PBOC governor's prompts speculation
Pan Gongsheng, the Governor of the People's Bank of China, gave a speech at the Lujiazui Forum on 19 June, where he discussed the current monetary policy stance and the future direction of China's monetary policy framework....
What To Expect From China's Monetary Policy Framework Reforms