tradingkey.logo

PBOC Governor Pan: Will continue to implement supportive monetary policy

FXStreetNov 7, 2024 5:44 AM

People's Bank of China (PBOC) Governor Pan Gongsheng gave foreign financial institutions an in-depth explanation of China's current monetary policy stance, and considerations related to the adjustment of the monetary policy framework on Thursday.

Key quotes

Will continue to implement supportive monetary policy.

Will strengthen communication with markets.

Will steadily promote opening up of China's financial services industry and financial markets.

Will promote the sustained economic recovery.

Reviewed byTony
Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.