Former People's Bank of China Official Highlights Gradual Approach to Central Bank Bond Trading in Secondary Markets
Friday, 21 June 2024, 04:12
Key Points:
1. Enhanced Monetary and Fiscal Policy Coordination: A former official stresses the need for improved alignment between monetary and fiscal policies in light of approaching treasury-bond trading.
2. Gradual Approach Highlighted: The emphasis is on a cautious and deliberate process signifying significant policy adjustments in the Chinese financial sector.
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