PBOC to keep prudent, neutral monetary policy in 2017

  • Buz Investors PBOC  China’s central bank out with a statement. Bloomberg reporting. 31 Dec 2016 will maintain liquidity basically stable in 2017 will put more importance on averting financial risks Essentially a repeat of the on-going mantra.
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PBOC

Buz Investors PBOC  China's central bank out with a statement. Bloomberg reporting. 31 Dec 2016 will maintain liquidity basically stable in 2017 will put more importance on averting financial risks Essentially a repeat of the on-going mantra.

PBOC  The People’s Bank of China (PBOC) will keep liquidity basically stable by flexibly using various policy tools, it said in a statement summarizing the fourth quarter monetary policy committee meeting.

“At present, China’s economic and financial operations are generally stable, but the complexity of the situation cannot be underestimated,” the central bank said.

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PBOC

Policy insiders expect monetary policy to tilt toward slight tightening in 2017 as top leaders struggle to strike a balance between supporting the economy with flush credit and preventing a destabilizing build-up in debt.

Central bank adviser Sheng Songcheng told Reuters in an interview on Thursday that interest rates in China are already on an upward trend as the economy improves.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)

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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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