The People's Bank of China (PBOC) plans to lower interest rates further in 2025, aiming for a monetary policy more aligned with Western practices. The PBOC will reduce rates from the current 1.5% at an appropriate time in 2025 and simplify its monetary policy by focusing on a single interest rate adjustment mechanism. This shift comes amidst China's struggle with slow economic growth and the need to revitalize credit demand.
Investing.com-- The People’s Bank of China plans to cut interest rates further in 2025, as it brings monetary policy more in line with traditional policies in the U.S. and Europe, the Financial Times reported on Friday.
A shift in the PBOC’s policy stance comes as China grapples with sluggish economic growth, with lower interest rates and steady liquidity measures having so far provided little support to the economy. The central bank had signaled last year that its main policy instrument will be the seven-day reverse repo rate.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
China Economy Interest Rates Monetary Policy PBOC
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Edmunds hybrid sedan comparison: 2025 Honda Civic vs. 2025 Hyundai ElantraSimilar in size and fuel economy, these two hybrid compact sedans differ from there.
Read more »
Edmunds hybrid sedan comparison: 2025 Honda Civic vs. 2025 Hyundai ElantraSimilar in size and fuel economy, these two hybrid compact sedans differ from there.
Read more »
Edmunds hybrid sedan comparison: 2025 Honda Civic vs. 2025 Hyundai ElantraSimilar in size and fuel economy, these two hybrid compact sedans differ from there. The 2025 Honda Civic Hybrid boasts much stronger performance and a higher-quality cabin, while the 2025 Hyundai Elantra Hybrid provides more features for the money and better tech. There are advantages for both, but when the Civic is ahead, it’s ahead big time.
Read more »
Penn State 2025 Football Schedule: Penn State-Oregon Game Scheduled for 2025Penn State's 2025 football schedule got a sneak peek with the release of the Penn State vs. Oregon game, which also could be the White Out.
Read more »
BREAKING: Bruins' 2025 2025 Football Schedule RevealedThe Big Ten announced its football schedule for the 2025 season, and UCLA's schedule will feature a few familiar faces and multiple teams it did not play this past season in its first year in the Big Ten.
Read more »
Auburn football 2025 schedule reveal: Who do the Tigers play in 2025 and when?How Auburn football's schedule will look in 2025 following Wednesday's official reveal
Read more »