Zong Liang, chief researcher of Bank of China, said on April 18 at the China News Agency's "National Forum: Economic Situation Analysis Conference in the First Quarter of 2022" that in recent years, monetary policy has both aggregate policies and structural policies. In the context of the inversion of interest rates between China and the United States, the Fed’s interest rate hike may reduce China’s aggregate policy space. The next step is to appropriately increase some precise investment in aggregate and structural policies, so that water can be better poured on dry land. , so it will have better effect.
(Xia Bin Zhong Shuang produced Le Xiaomin)
Responsible editor: [Luo Pan]