Chinese Central Bank to Cut Reserve Requirement Ratio, Interest Rates At 'Proper Time'
China's Central Bank Likely to Ease Monetary Policy Further in 2025 -- Market Talk
The central bank's Financial Times: The central bank clearly signals to stabilize Exchange Rates.
① The statement regarding Exchange Rates in the central bank's fourth quarter monetary policy meeting showed a significant change, as the press release removed the phrase "enhancing Exchange Rate flexibility" and restored the expression of "three resolute actions", conveying a clearer and stronger signal for stabilizing Exchange Rates; ③ Historical experience shows that the People's Bank has a sufficient toolkit and rich experience to address the depreciation of the RMB and has the capacity to maintain the RMB Exchange Rate basically stable at a reasonable and balanced level.
Debon Securities: PMI has remained in the expansion Range for three consecutive months.
Current attention is still needed on the changes in expectations. With the calibration of policy dynamics and the gradual strengthening of the process, the possibility of the economy converging to expectations is greater.
The central bank has completed the second swap convenience operation bidding with an amount of 55 billion yuan.
According to the People's Bank of China, to better play the stabilizing role of securities Fund Institutions, the People's Bank of China, along with the China Securities Regulatory Commission, is continuously promoting the implementation of swap convenience for securities, Funds, and Insurance companies.
PBOC Seen Delaying RRR Cut After Adding Liquidity Via New Tools
