The People's Bank of China headquarters stands in Beijing, China, on Monday, January 7, 2019. The central bank on Friday announced another cut to the amount of cash lenders must hold as reserves in a move to release a net 800 billion yuan (US$117 billion) of liquidity and offset a funding squeeze ahead of the Lunar New Year. Photo: Bloomberg
As China’s economy begins to stutter, what’s next for its monetary policy?
- Analysts expect additional bank reserve requirement ratio cuts this year
- Cuts in the reserve ratio are a go-to way to boost lending to the economy
Topic |
China economy
The People's Bank of China headquarters stands in Beijing, China, on Monday, January 7, 2019. The central bank on Friday announced another cut to the amount of cash lenders must hold as reserves in a move to release a net 800 billion yuan (US$117 billion) of liquidity and offset a funding squeeze ahead of the Lunar New Year. Photo: Bloomberg