# monetary policy
Latest news and articles about monetary policy
Total: 27 articles found
PBOC Governor Pledges Continued Targeted Easing and Stronger Counter‑Cyclical Tools to Support Growth
PBOC Governor Pan Gongsheng told an expert forum the bank will maintain an "appropriately loose" monetary stance and expand counter‑cyclical and cross‑cycle measures to support the economy. The bank has already adjusted structural tools and intends to balance targeted easing with financial‑stability safeguards.
US Core Inflation Steady at 2.5% in February — Geopolitics Cloud the Outlook
US core CPI rose 2.5% year‑on‑year in February, in line with expectations, while monthly core inflation slowed to 0.2%. The numbers suggest gradual disinflation but leave the Federal Reserve with an ambiguous signal, especially amid geopolitical risks that could quickly alter the outlook.
China’s Consumer Prices Tick Up as Producer Inflation Eases — Seasonal Consumer Bounce Meets Commodity-Driven Input Costs
February’s Chinese CPI rose 1.3% year-on-year and 1.0% month-on-month, boosted by a post-holiday surge in services. Producer prices continued to recover, with PPI up 0.4% month-on-month and an annual decline narrowing to 0.9%, reflecting rising commodity prices and firmer industrial demand.
PBoC Signals Continued Credit Ease to Back Growth as Zhejiang Tech Boom Boosts Markets
PBoC Governor Pan Gongsheng said the central bank will keep monetary policy appropriately loose and maintain relatively easy social financing to support growth, while cracking down on irregularities in accounts‑receivable financing and coordinating more closely with fiscal authorities. The stance aims to sustain credit access for firms — especially a booming tech sector in Zhejiang — while addressing risks from opaque financing channels.
Beefed-Up Fiscal Push and Industrial Targets: China Signals a Big Economic Reset at NPC Press Conference
At the NPC economic press conference, Beijing announced record fiscal spending, a large new government bond issuance and coordinated monetary easing while unveiling social, industrial and infrastructure targets for the coming Five-Year Plan. The package pairs near-term demand support with long-term state-led investment in six emerging sectors and major energy and transport projects, alongside capital-market reforms and stronger investor protections.
China Signals Policy Easing as Markets Rally and Tech Firms Double Down on AI and Robotics
Beijing has signalled a more accommodative monetary stance for 2026 while markets rallied and major tech firms ramped hiring and automation pilots. Policymakers are combining demand stimulus with an aggressive push into AI and industrial robotics, even as operational risks in globalised supply chains persist.
China’s Economic Chiefs Signal Targeted Growth Push: Big Fiscal Envelope, Faster Credit and Market Reforms
China’s top economic officials announced a coordinated set of fiscal, monetary and market measures to stabilise growth, strengthen domestic demand and accelerate strategic sectors such as AI. The plan combines record fiscal spending and transfers, a fiscal–financial coordination tool to mobilise private capital, targeted infrastructure and service-sector investment, and capital-market reforms to improve equity financing and investor protections.
China’s Government Work Report Signals Bigger Fiscal Push, Tech Self-Reliance and a Consumption Drive as 15th Five-Year Plan Begins
China’s 2026 Government Work Report, explained at a State Council briefing, sets a 4.5–5.0% growth target and signals a more active, targeted fiscal and monetary stance to launch the first year of the 15th Five‑Year Plan. The plan prioritises innovation, consumer demand, and concrete social measures while stressing operational feasibility and policy precision.
China Sets a Modest 4.5–5% Growth Target for 2026, Signalling Caution and Flexibility
Beijing set a moderately conservative economic growth target of 4.5–5% for 2026, signalling a policy stance that prioritises stability, debt control and targeted support over broad stimulus. The range gives authorities room to act if risks materialize while emphasising structural reforms and employment stability.
Yuan’s Post‑Holiday Rally Reaches 2023 Highs — Beijing Signals Vigilance as Policy Shifts
The yuan has rallied sharply since the Lunar New Year, pushing to its strongest levels versus the dollar since April 2023 as onshore and offshore rates break 6.87. Analysts attribute the move to improving Sino‑US ties, dollar weakness amid U.S. political turbulence, and accelerated export settlements, while the PBOC has signalled a readiness to use the exchange rate as an automatic stabiliser and to step in if moves become disorderly.
Fed Uncertainty Sends Metals Tumbling as Techs Rally Around Apple Event Hype
US stocks staged an intraday V-shaped recovery to close slightly higher while precious metals plunged after Fed comments dampened hopes for imminent rate cuts. Apple’s March product event lifted its stock and highlighted on-device AI ambitions, even as the CME probabilities and Fed messaging keep investors cautious about near-term monetary easing.
China’s Credit Surge and Low Borrowing Costs Propel a Steady Start to 2026
China opened 2026 with a notable expansion of credit and money supply: January M2 grew 9.0% year‑on‑year while social financing rose 8.2%. Government bond issuance and a significant rise in bank lending—particularly medium‑ and long‑term corporate loans—underpinned the pickup, while financing costs remained low, supporting firms and infrastructure projects.