Friday, February 06, 2015
ANBOUND: Rationally Decoding Central Bank's Cutting Reserve Policy
ANBOUND
For central banks' cut of reserve rate, ANBOUND think tank scholars explain that from the perspective of the State Council, the monetary policy adjustment by central bank is a comprehensive decision making process that overall valued China’s economy, finance, market and society. In this regard, decoding the central bank’s cut on reserve rate should be more rational and objective. The downward pressure on economy might be a potential reason, but the market should avoid translating the policy to be overly loose according to the normalized operation of money supply.