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
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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.