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PBOC’s Zhou – Government should play role when markets fall

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    People’s Bank of China (PBOC) governor Zhou was on the wires stating over reliance of fiscal and monetary policy is not desirable, but governments should play role when markets fall.

    Meanwhile, Bloomberg is reporting that PBOC raised RRR for banks that boosted lending too fast.

    Key Quotes

    Some countries overly rely on fiscal & monetary policy

    Government should play role when markets fail
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