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PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Monday. ....

People Bank , Medium Term Lending Facility ,

Analysis-China's policy dilemma: is boosting credit deflationary?

China's central bank faces a major hurdle in quelling the threat of deflation: more credit is flowing to productive forces than into consumption, exposing structural flaws in the economy and reducing the effectiveness of its monetary policy tools. The People's Bank of China (PBOC) is under pressure to cut interest rates as falling prices raise real borrowing costs for private businesses and households, curbing investment, hiring and consumer spending. ....

Hong Kong , Pan Gongsheng , Tommy Xie , Kripa Jayaram , Marius Zaharia , Kevin Yao , Hong Hao , Frederic Neumann , Shri Navaratnam , People Bank , Goldman Sachs , Grow Investment Group , Grow Investment , Greater China , Demand Deposits , Bank Of China , Consumer Spending , Monetary Policy , Infrastructure Sector , Infrastructure Sectors , Interest Rates ,

Senior PBoC official hints at further easing to come

Zou Lan, head of the People’s Bank of China’s (PBOC) monetary policy department, in an interview with state media outlet Xinhua News Agency on Tuesday, hinted a further policy easing by the central bank. ....

Xinhua News Agency On , People Bank , Zou Lan , Xinhua News Agency , Chinese Yuan ,