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China's monetary policy to feature "more prudence" - Xinhua

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Chinese state news agency Xinhua reported headlines today, citing China's monetary policy to feature "more prudence."

    Separately, Reuters quoted unnamed sources commenting on the Chinese central bank’s monetary policy – “We still need to loosen policy and there is room for cutting interest rates, but the urgency for doing so has been reduced."
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