PBOC may halt monetary easing, analysts say
By Chen Jia | China Daily | Updated: 2019-04-08 07:14
More cuts in reserve requirement ratio seem delayed amid rising stock market
When the market was eager for more funds to consolidate bullish stocks, China's central bank chose to halt the troops and wait, in the bottoming-out economy. The People's Bank of China did not rush to ease commercial banks' reserve deposits as many investors had expected.
Now economists are deducing that the central bank may have less motivation to further ease monetary policy than it did at the end of last year. Statistics from March have confirmed an uplift in the economy and are reviving optimism after months of flagging sentiments.
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