PBoC Monetary Policy Implementation Report (Q1): Inflation may rebound gradually in H2 2023. Prudent monetary policy will be precise and forceful; will keep policy reasonably ample
- Will prevent transmission of risks from abroad to China.
- Will keep interest rates reasonable and appropriate.
- Triple economic pressure has eased.
- Will support rigid and improved housing demand.
- Will continue to stabilise land price and home price expectations,
- Will fend off systemic financial risks.
- Will step up the guidance of government investment and policy incentive.
- Will likely see marked growth in Q2 amid low base effects.
15 May 2023 - 10:02- Fixed IncomeImportant- Source: Newswires
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