China may still cut interest rates this year, though the economy also needs more targeted support for technological innovation and improving people’s livelihoods, according to an adviser to the People’s Bank of China.
The adviser said looser monetary policy alone would not be sufficient, Bloomberg reported.
PBOC Adviser Sees Potential Rate Cut, Calls for Targeted Support
2026-06-24 04:54:21
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
美国至6月19日当周API汽油库存增加123.8万桶