The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy," state media said ...
In Econ 101, students are taught that fiscal policy should be counter-cyclical, meaning that when ... reaction in the economy is 12 months, then monetary policy reached “neutral” late last ...
Its inflation targeting mandate does not allow it to do so. Besides, rate easing will exacerbate inflation without addressing ...
Against the backdrop of slowing domestic demand growth, a supportive monetary policy can truly yield results by stepping up counter-cyclical adjustments, promoting the stable and operation.