How to observe the effects of monetary policy? Authority expert: It is necessary to look at the cumulative effect.

In recent years, the People's Bank of China has adopted several significant adjustments to monetary policy, and at the beginning of 2026, a series of policy measures were introduced. On February 13, an authoritative expert interviewed stated that the integrated effect of stock and increment policies will continue to show. The expert mentioned above stated that the impact of monetary policy adjustments on the real economy will be continuous, and the focus of observing policy effects is still on the accumulated effects.