China Cabinet reaffirms that it will keep economic operations within reasonable range

News

Remarks via state media

  • Will strengthen fiscal, monetary policies to support employment
  • Will improve policies to counter rise in commodity prices
  • Will step up cross-cyclical adjustments, keep economic operations within reasonable range

When it comes to China, the mention of these remarks tends to provide some idea on how they would be going about any policy changes. For now, despite the COVID-19 situation, they are maintaining a similar stance i.e. providing support to ensure the recovery.
Invest in yourself. See our forex education hub.

Articles You May Like

RBA poised to trim interest rate by 25 bps as inflation pressures ease
Silver shines as gold’s record run pushes investors to seek better value
France January final HICP +1.8% vs +1.8% y/y prelim
Oil falls 2% but concerns over supply disruptions provide support
Risk Aversion Returns as US Tariff Fears Resurface, Dollar Recovers Late

Leave a Reply

Your email address will not be published. Required fields are marked *