PBOC says China's inflation may face upward pressure

Author: Mike Paterson | Category: Central Banks

China's CB out with their Q4 mon pol implementation report 14 Feb

  • will pursue prudent neutral mon pol
  • keep liquidity stable
  • China faces pressure on slight rise in inflation
  • will improve yuan exchange rate two-way floating flexibility.
Lots of repeat blah blah blah. I just picked out what I thought was the least boring headline to bring you in this dull session so far.

" Inflation on the rise ? Best we stockpile the bamboo then mate."  "Yep, I make you right"
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