Investors should not expect the People’s Bank of China to introduce broad easing or massive monetary stimulus. Photo: Reuters
Opinion
Opinion
Macroscope
China’s central bank eases into 2020 with a firm grip on loose liquidity
- While policy easing remains – with falling lending rates and a cut to the reserve requirement ratio – investors should not expect a flood of liquidity. The 2020 prognosis? Loose but prudent monetary policy
Investors should not expect the People’s Bank of China to introduce broad easing or massive monetary stimulus. Photo: Reuters