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China's central bank signals easing as economic risks mount

To aid the economy’s recovery after a sharp downturn in recent months fueled by a property slump. ....

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PBOC signals easing as economic risks increase

China’s central bank signaled possible easing measures to aid the economy’s recovery after a sharp downturn in the past few months fueled by a property slump.
In its latest quarterly monetary policy report published on Friday, the People’s Bank of China (PBOC) removed from its policy outlook a few key phrases cited in previous reports, including sticking with “normal monetary policy.”
That suggests a shift in stance toward more supportive measures, several major banks like Citigroup Inc, Nomura Holdings Inc and Goldman Sachs Group Inc said.
The report dropped previous phrases to “control the valve on money supply” and vowing not to “flood ....

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