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PBOC’s Message to Markets: Focus on Interest Rates Not Liquidity

2021年02月19日 21:08 来源于 财新网
Central bank-backed newspaper seeks to reassure skittish investors that monetary policy isn’t tightening
The headquarters of the People's Bank of China in Beijing on Tuesday. Photo: VCG

China’s central bank has sent a message to investors to focus more on money market interest rates rather than how it manages the amount of cash in the financial system, as speculation mounts that its unusual liquidity withdrawals around the Lunar New Year holiday signal a tightening of monetary policy.

版面编辑:喻竹杨洋
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