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China’s Monetary Policy (update)
[private]China: The PBOC’s Unsurprising Move
- China’s central bank cut commercial banks’ reserve requirements by an additional 50 basis points. The move is entirely unsurprising and quite uninformative in a period (January-to-February) when data is particularly difficult to interpret, delayed and distorted by the lunar year calendar.
- In that context, the bank’s decision looks rather inertial, just one more step in the direction of a looser monetary policy—policymakers’ response to a clear shift of risks away from inflation and in the direction of slower growth.
2-22-12–EMG INDICATORS AND INSIGHTS _China’s Monetary Policy[/private]
Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
[private] [/private] Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts read more
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