Lates News

date
01/08/2025
The Political Bureau meeting did not mention "timely reserve requirement ratio cuts and interest rate cuts" again. Ming Ming, chief economist at CITIC Securities, predicts that the central bank will still maintain a stable and slightly loose policy stance. The use of total tools may still be in a policy effectiveness observation period, and the space and pace of reserve requirement ratio cuts and interest rate cuts in the future may depend on the progress of this round of economic and credit repair.