PBOC’s Yi: Monetary policy will continue to support economic growth

The People’s Bank of China (PBOC) Governor Yi Gang commented on the monetary policy and economic outlook while speaking at a World Economic Forum (WEF) panel on Tuesday.

Key quotes

Monetary policy will continue to support economic growth.

Will watch macro leverage ratio and NPL risks.

Expects China's exports to continue to be pretty good this year.

China's macro policies will focus on maximising employment.

If employment is stable, China will have very good consumption.

Related reads

PBOC’s Advisor Ma: China should abandon GDP target – MNI

PBOC may keep LPR unchanged – China Press

EUR/USD stages a quick bounce to 1.2150 amid risk recovery, ahead of US data

Fresh bids emerged near 1.2110, allowing a quick rebound in EUR/USD to test the 1.2150 level, as the price now consolidates the uptick ahead of the ke
আরও পড়ুন Previous

AUD/USD rebounds from over one-week lows, back around 0.7700 mark

The AUD/USD pair quickly recovered around 30 pips from the early European session dip to over one-week lows and was last seen trading with modest loss
আরও পড়ুন Next