tyb
>can do notes if no handy..give it a few then drop wut ya got
China central bank signals more policy measures to support virus-ravaged economy
China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to fend off financial risks. The first-quarter monetary policy implementation report from the People’s Bank of China (PBOC) did not repeat the central bank’s long-standing vow to refrain from “flood-like” stimulus to support growth, reinforcing signs of more policy measures. China’s long-term stable economic trend remains unchanged, despite the coronavirus outbreak, the central bank said.
“But at present, challenges faced by China’s economic development are unprecedented, we must fully consider difficulties, risks and uncertainties,” it said. The bank said it will keep liquidity ample, using both aggregate and structural policy measures, and continue to deepen interest rate reforms to help lower borrowing costs and allocate financial resources more efficiently in the economy.
The central bank will also support the real economy, especially small and medium-sized enterprises, it said. “We should properly handle the relationship between stabilizing growth, ensuring employment, adjusting structure, preventing risks and controlling inflation,” the PBOC said.
China’s economy contracted 6.8% in the first quarter from a year earlier, shrinking for the first time since at least 1992, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses. The PBOC has already rolled out a raft of easing steps since early February, including cuts in reserve requirements and lending rates and targeted lending support for virus-hit firms.
The central bank will continue to deepen the reform of the loan prime rate (LPR) regime and improve the monetary policy transmission mechanism to help lower borrowing costs, it said.
In August 2019, PBOC overhauled the benchmark lending rate mechanism by using the market-driven LPR to replace the previous benchmark bank lending rate. It will keep growth of M2 and social financing in line with and slightly higher than nominal GDP growth, it said.
It will deepen foreign exchange market reform, maintain yuan flexibility and keep the yuan basically stable, it said.
https://www.reuters.com/article/us-china-economy-pboc/china-central-bank-signals-more-policy-measures-to-support-virus-ravaged-economy-idUSKBN22M02O
#11668
>>9108178, >>9108375 d'oh and ghost bakey
notables, not endorsements
>>9108237 AP and Rueters posting Flamingo stories. Albania and Mumbai
>>9108339 China central bank signals more policy measures
>>9108286 China Refutes 24 ‘Lies’ By U.S. Politicians Over Coronavirus oann
>>9108276 ICYMI: MUST READ – Full Interview Transcript of AG Barr
>>9108223 TOPKEK BEN!
notetaker adds up above as well
>>9108343, >>9108370, >>9108426, >>9108544 [1-99] == DOJ CRM codes and additions
>>9108432 Putin may be rethinking why Russia is in Syria-arabnews may 9
>>9108527 GA doctor found dead, possibly killed by wild dogs rochesterfirst.com may 9
>>9108537 Following Last Week’s Release Attorney Clevenger Alleges Office of DNI Has Communications Between Seth Rich and WikiLeaks – Russia Collusion a Lie!- gateway pundit
chek'em
drop at 600…good for you?
Happy Mother's Day mom anons
#11668
>>9108178, >>9108375 d'oh and ghost bakey
notables, not endorsements
>>9108237 AP and Rueters posting Flamingo stories. Albania and Mumbai
>>9108339 China central bank signals more policy measures
>>9108286 China Refutes 24 ‘Lies’ By U.S. Politicians Over Coronavirus oann
>>9108276 ICYMI: MUST READ – Full Interview Transcript of AG Barr
>>9108223, >>9108577 TOPKEK BEN!
notetaker adds up above as well
>>9108343, >>9108370, >>9108426, >>9108544, >>9108573, >>9108634, >>9108663, >>9108692, >>9108665, >>9108802 [1-99] == DOJ CRM codes and additional discussions
>>9108432 Putin may be rethinking why Russia is in Syria-arabnews may 9
>>9108527 GA doctor found dead, possibly killed by wild dogs rochesterfirst.com may 9
>>9108537 Following Last Week’s Release Attorney Clevenger Alleges Office of DNI Has Communications Between Seth Rich and WikiLeaks – Russia Collusion a Lie!- gateway pundit
>>9108593 Barack Obama Is The Man Behind The Curtain-canadafreepress.com
>>9108608 New POTUS twat-"The biggest political crime in American history, by far!"
>>9108624 ‘Aggressive confrontation’ between Indian & Chinese troops causes injuries on both sides, reports claim-rt.com
>>9108652 Afghan Forces Kill Senior Taliban Spy in Laghman Province-sputniknews
>>9108679 Israeli fighters attack chemical weapons lab inside Syria -sofrep.com
>>9108682 Fauci, Two Other Top Members Of Task Force Enter Quarantine After Possible Coronavirus Exposure-dailywire may 9
>>9108705, >>9108755 UN Secretary-General António Guterres Says Pandemic Provides a “Rare and Short Window of Opportunity”-gateway pundit
>>9108723 It’s Time for the Left to Stop Pretending Obama Was Scandal-Free-pjmedia.com
>>9108744 Letter from Attorney Ty Clevenger to ADNI Grenell, asking to declas NSA's records on Seth Rich, dated 5/7/20-scribd.com
>>9108787 Plandemic Censorship Troubling-Op Ed billlawrenceonline.com
chek'em
some dups here but it's sunday morning catch-up time
ty for your patience anons
take it rb
ty again.
all memefags have been a tremendous help to me and am grateful for that always.
o7
correct. my mistake for not checking what I rec'd
thanks for fixing the china story.
ty rb for fixing that crossed link.