PBOC will keep mon pol generally prudent and stable

Chinese central bank dep gov on the wires 3 Feb

Generally? Wow thanks for the guidance.

  • will prevent excessive economic slowdown in the short term
  • will avoid excessive liquidity
  • will keep yuan basically stable
  • will prevent too much volatility in interest and exchange rates to maintain financial stability

Yet another CB illustrating they haven't a clue but hope.

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