China’s central bank plans policy overhaul

China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week, according to a statement published on Friday.
Fed's Cook Says Central Bank Can Proceed Cautiously With More Cuts
Federal Reserve governor Lisa Cook said Monday that the central bank can afford to take a more gradual approach to interest-rate cuts in the months ahead, even though further reductions will likely be required eventually.
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
China's central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
China stocks rise amid broader gains in Asia markets as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
FirstFT: China’s central bank prepares for historic monetary policy shift
The People’s Bank of China plans to cut interest rates this year as it makes a historic shift to a more orthodox monetary policy in line with the US Federal Reserve and the European Central Bank. In comments to the Financial Times,
China’s central bank prepares a full-on economic policy change
The People’s Bank of China (PBoC) is rewriting its playbook, breaking away from decades of rigid, state-controlled monetary policy. In 2025, it’s planning a game-changing interest rate cut from its current 1.
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy approach, the Financial Times reported on Friday,
Thai central bank says interest rate hold was robust policy amid uncertainty
Thailand's central bank said on Monday a decision to hold the key interest rate steady last month was a robust policy as the ...
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Bank of Israel holds rates again with inflation still above target
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Czech Central Bank Head Calls Budget Deficit Top Inflation Risk
Czech central bank chief Ales Michl called on the government to balance its budget to help prevent any future inflation ...
Chile Central Bank Warns of ‘Significant Risks’ Around Rate Path
Chile’s central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.
Thai economic uncertainty has increased, central bank minutes say
Uncertainty around the Thai economy has significantly increased primarily due to the unclear impact of possible U.S. economic ...
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Kuwait Central Bank tightens security measures on payments without ‘OTP’
The Central Bank of Kuwait has issued a circular to all local banks regarding financial limits on bank cards and payment ...
Turkey's central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Zawya5h
Central Bank of Nigeria’s OMO Bills liquidity mop-up hits $6.5bln in 2024
Subscriptions to OMO bills skyrocketed to N16.55 trillion in 2024, a significant rise from N1.49 trillion in 2023 and N4.49 ...
Thai central bank says maintaining interest rate is a robust policy amid uncertainty
Thailand's central bank said on Monday holding the key interest rate steady last month was a robust policy as the economy ...