China Flags Scope for Policy Stimulus, Tweaks Monetary Stance

  • Comments signal more monetary easing this year, Citic says
  • Finance minister: China still has room to loosen fiscal policy

People's Bank of China Tweaks Monetary Stance

China’s central bank tweaked the description of its monetary policy stance to reflect a recent ramp-up in liquidity injections and moves to guide money market rates lower, with Governor Zhou Xiaochuan highlighting the scope for further actions if needed.

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