Reported 1 day ago
As China's economy struggles, the central bank is expected to implement its most aggressive monetary policies in a decade, despite risks of quickly exhausting its resources. The People's Bank of China (PBOC) has suspended treasury bond purchases, indicating its limitations while addressing deflationary pressures and weak growth. Analysts caution that further monetary easing may support short-term growth but could lead to financial market instability in the long run. With consumer confidence low and diminishing room for interest rate cuts, the PBOC must balance its strategies amid increasing external pressures, including potential U.S. tariffs.
Source: YAHOO