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Pan Gongsheng: China's current monetary policy stance is supportive, with a moderately loose monetary policy

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2025-09-22 08:12:23
On September 22, Pan Gongsheng, the governor of the central bank, said that the Federal Reserve cut interest rates a few days ago, and the global financial marekt fully expected the Fed to cut interest rates this time. The market reaction was relatively stable. The US dollar index has remained near 97 in recent days. The international capital markets have generally risen, and the stock and bond exchange market in our country has remained stable. The People's Bank of China insists on giving priority to me in monetary policy, taking into account internal and external factors. At the same time, it has also communicated with the market many times in response to the current monetary policy stance. At present, China's monetary policy stance is supportive, and it implements a moderately loose monetary policy. Looking forward, it will comprehensively use a variety of monetary policy tools according to the macroeconomic operation and changes in the situation. This methodology is the same for many central banks in the world, and
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