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PBOC Governor Signals Policy Caution With Focus on Inflation

  • Central bank governor says policy is in ‘comfortable’ range
  • He highlights structural policy steps taken, support for SMEs
Yi Gang 

Yi Gang 

Photographer: Qilai Shen/Bloomberg
Updated on

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China’s central bank governor stressed the importance of keeping inflation under control in two separate speeches released Friday and pledged more targeted support for small businesses, reinforcing policy makers’ cautious approach to monetary stimulus.