PBOC Gives Clear Easing Signal With Promise to Boost Growth
- Central bank to roll out policies to stabilize economy
- Room for RRR cut has narrowed, debt ratio to be stable: Liu
The People's Bank of China headquarters in Beijing.
Photographer: Yan Cong/BloombergThis article is for subscribers only.
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China’s central bank pledged to use more monetary policy tools to spur the economy and drive credit expansion, sending its clearest signal yet of an easing bias to boost market confidence.