China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic grow ...
(Bloomberg) -- China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical ... had “ample space for fiscal policy and monetary ...
while deficit-financed fiscal policy is much more expansionary. We discuss the split between direct and indirect effects of policy, and the implications of cyclical income risk, maturity structure, ...
CHINA’S central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country ... as officials had “ample space for ...