According to Jinshi Data, the central bank issued a statement today saying that the spillover effects of the monetary policy shift in major developed economies on emerging market economies deserve attention.
Recently, the European Central Bank and the Bank of England have cut interest rates one after another, and expectations for a rate cut by the Federal Reserve have increased. In the future, the policy interest rates of major developed economies may gradually decline from high levels, which may also have an impact on emerging market economies.
In the next step, the People's Bank of China will closely monitor the monetary policy trends of major developed economies, implement a prudent monetary policy, respond to external challenges reasonably and effectively, and create a good monetary and financial environment for the high-quality development of the real economy.