Technical Analysis

PBOC Gov Yi Gang says forecasts for inflation in China in 2023 are in a moderate range

Governor of the People’s Bank of China Yi Gang remarks crossing news wires.

  • forecast for China inflation in 2023 is in a moderate range
  • policy focus is on growth
  • monetary policy has been fairly accommodative

On inflation the ‘moderate’ levels in, and predicted for, China allow the PBoC to ease policy more than they would be comfortable with if inflation was high.

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