People's Bank of China (PBOC)
BEIJING: China’s central bank said it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to fend off financial risks.
The first-quarter monetary policy implementation report from the People’s Bank of China (PBoC) did not repeat the central bank’s long-standing vow to refrain from “flood-like” stimulus to support growth, reinforcing signs of more policy measures.
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