The People’s Bank of China (PBoC) outlined its monetary policy
stance for the second quarter in a report released Friday,
affirming its commitment to a “moderately accommodative” approach
while carefully managing the intensity and pace of policy measures,
Azernews reports.
The central bank emphasized its focus on maintaining ample
liquidity to support economic growth and fostering a favorable
financial environment amid ongoing global uncertainties.
“The PBoC will promote a reasonable recovery in prices and
ensure they remain at healthy levels,” the report stated.
Additionally, the PBoC pledged to enhance its monetary policy
guidance and transmission mechanisms, stabilize market
expectations, and firmly address any market behaviors that disrupt
orderly financial functioning.
The bank also signaled plans to explore expanded roles for the
central bank in macroprudential regulation and financial stability
oversight, with a strong emphasis on preventing systemic financial
risks and maintaining overall market stability.
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