The People's Bank of China commits to maintaining an accommodative monetary policy

LootboxPhobia · 2026-03-31T15:11:53+00:00

The People's Bank of China stated that it will maintain a moderately loose monetary policy, pay attention to changes in the external environment, emphasize promoting domestic demand and optimizing supply, while also committing to keeping liquidity ample and stabilizing the RMB exchange rate to address the challenges facing the economy.

LootboxPhobia

2026-03-31 15:11:53

Abstract generation in progress

Investing.com – China’s central bank said Tuesday that it will maintain a moderately accommodative monetary policy while closely monitoring changes in the external environment.

The People’s Bank of China said that while China’s economy is generally stable, it faces challenges such as stronger-than-expected supply, weaker-than-expected demand, and external shocks. The statement came from the central bank’s quarterly monetary policy committee meeting in the first quarter.

The central bank said it will maintain a moderately accommodative monetary policy and increase the力度 of counter-cyclical adjustments. It also pledged to keep liquidity ample and maintain the basic stability of the renminbi exchange rate at a level consistent with its reasonable equilibrium.

The central bank said it will expand domestic demand, optimize supply, and also improve resilience in the foreign exchange market. It also said it will use a range of tools to strengthen monetary policy management and control.

The central bank reiterated its commitment to guide prices back upward.

This article is translated with the assistance of artificial intelligence. For more information, please refer to our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.