Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

PBOC Picks Up Pace With Ratio Rise, RBC’s Jackson Says

(Corrects abbreviation of bank in headline.)

Feb. 18 (Bloomberg) -- Brian Jackson, an emerging-markets strategist at Royal Bank of Canada in Hong Kong, commented on the Chinese central bank’s decision to raise the reserve ratio requirement for lenders for the second time this year.

Jackson made comments by e-mail.

“Beijing was relatively slow to start normalizing monetary policy over 2010 and this contributed to the recent acceleration in headline inflation. But policy-makers have definitely picked up the pace in the last few months, and today’s move is the latest sign of this increased sense of urgency.

“We still think there is more to come in the months ahead, including additional increases in policy rates and a faster pace of currency appreciation. This won’t stop inflation moving higher in the next few months, but the cumulative impact of policy measures over the last six months should start to have an impact later in the year.”

Link to Company News:{PBCZ CH <Equity> CN <GO>}

To contact the editor responsible for this story: Bloomberg News at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.