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#pboc — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #pboc, aggregated by home.social.

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  1. China’s central bank is resisting the global habit of cutting rates as insurance against economic risks, a cautious stance that may leave the economy vulnerable if current weaknesses worsen. japantimes.co.jp/commentary/20 #commentary #worldnews #china #interestrates #chineseeconomy #pboc #pangongsheng #fed

  2. China's Central Bank Halts Bond Purchases to Support Yuan - On Friday, China's central bank took steps to support the yuan, which has been losing gro... - coindesk.com/markets/2025/01/1 #markets #bitcoin #china #pboc

  3. China's Oct yuan loans are expected to slide to 700B yuan ($97.86B), highlighting weak credit demand despite #PBOC stimulus. Broad M2 money supply may grow to 6.9%, up from Sept’s 6.8%. Beijing is also weighing 10T+ yuan in new debt to tackle local govt debt and unsold housing. Asian stocks wrapped up strong, with gains across Japan, Australia, and South Korea, boosted by optimism for China’s fiscal support as a 2nd Trump term signals possible U.S. trade pressures.
    #China #Stimulus #AsianMarkets

  4. China’s regulators request banks lower interbank deposit rates, using the 7-day reverse repo rate (1.5%) as the benchmark, down from rates as high as 1.8%. This move aims to reduce costs, allowing banks to lend more affordably and support the economy. With NIMs at record lows, this step is expected to alleviate profit pressure, promoting growth amid China's ongoing stimulus efforts.

    #China #Economy #Banking #PBOC #InterestRates #Liquidity #EconomicGrowth #Stimulus

  5. #PBOC pledges supportive monetary policy to drive China’s economic recovery, including sectoral opening & global engagement. Recent stimulus moves align with a 5% growth target. Investors eye fiscal cues as the gov’t considers raising debt & aiding consumers/property. Foreign bank leaders—including HSBC, JPMorgan, and Deutsche Bank—joined the PBOC to discuss these strategies.

    #ChinaEconomy #MonetaryPolicy #GlobalMarkets #China

  6. In Asia, The People's Bank of China conducted a 50B yuan ($7.03B) swap operation with securities, fund, and insurance companies. 20 institutions participated at a 20 basis points fee rate. In Europe, STOXX600 saw limited movement as markets awaited key earnings. Oil stabilization boosted energy stocks 1%, while Trump election odds raised concerns. JDE Peet's surged 17% on new leadership.

    #PBOC #China #Economy #Europe #Finance #STOXX600 #Earnings #Markets #Oil #Trump

  7. China’s central bank has unleashed a blitz of policy support for the economy as policymakers make their broadest push so far to hit this year’s annual growth target of about 5%. japantimes.co.jp/business/2024 #business #economy #china #economy #pboc

  8. Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish - People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money bank... - coindesk.com/markets/2024/09/2 #markets #china #news #pboc #btc #eth

  9. Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off - Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that Chi... - news.bitcoin.com/report-reveal #secretpurchases #cryptocurrency #marketcool-off #economics #crypto #china #gold #pboc

  10. China increased support for the economy with surprise interest rate cuts, seeking to prop up growth after a lack of short-term stimulus from a major Communist Party meeting disappointed investors. japantimes.co.jp/business/2024 #business #markets #xijinping #china #markets #economicindicators #pboc

  11. China Halts Gold Buying for Second Consecutive Month - China’s central bank, the People’s Bank of China (PBOC), has paused its gold accum... - news.bitcoin.com/china-halts-g #goldreserves #goldbuying #finance #china #gold #pboc