PBOC deputy governor says will cut RRR, interest rates, at an appropriate time Eamonn Sheridan Forexlive RSS Breaking News Feed

PBOC deputy governor says will cut reserve Requirement ratio (RRR), interest rates, at an appropriate time

• to focus financial support on stabilising jobs, economic growth
• will guide financial institutions to guarantee financing demand for foreign trading firms (i.e. exporters)
• studying plans to enrich policy kit

• will roll out new policies when needed

***

Earlier:

• China’s news conference on boosting the economy and jobs has begun

This article was written by Eamonn Sheridan at www.forexlive.com.PBOC deputy governor says will cut reserve Requirement ratio (RRR), interest rates, at an appropriate timeto focus financial support on stabilising jobs, economic growthwill guide financial institutions to guarantee financing demand for foreign trading firms (i.e. exporters)studying plans to enrich policy kitwill roll out new policies when needed***Earlier:China’s news conference on boosting the economy and jobs has begun
This article was written by Eamonn Sheridan at www.forexlive.com.  Read MoreCentral Banks 

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