Published on Thursday, September 4, 2014 | Updated on Monday, September 15, 2014

The PBoC’s next steps

The People's Bank of China (PBoC) will deploy more monetary policy loosening in order to sustain economic growth within the target zone. Targeted unconventional policy tools will feature more prominently through the rest of the year, together with a number of conventional policy tools. In this Watch, we take stock of the different options available to the PBoC as well as their relative advantages and disadvantages.




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