ANBOUND: Preserve Policy Flexibility When the Tide of Interest Cut Is Coming
ANBOUND
For the succession of easing monetary policies by various central banks across the globe since 2015, ANBOUND think tank scholars agree that China's monetary policy should work with practical manner and adhere to the basic principles of fighting deflation, defending stability and helping transformation. According to Premier Li Keqiang’s statement on the "two sessions" (NPC & CPCCC), China keeping a cautious macro policy throughout 2014 targets on reserving more macro accommodation tools in 2015. It is considered good news for China’s economy, because the government has preserved the policy flexibility.