China central bank says will keep policy neutral, neither too tight nor too loose

BEIJING (Reuters) – China’s central bank said on Thursday that it will keep its prudent monetary policy neutral, neither too tight nor too loose.

The People’s Bank of China will keep liquidity reasonably ample and guide reasonable growth of credit and social financing, the bank said in a statement after a second-quarter meeting of its monetary policy committee.

The central bank also pledged to deepen financial system reform and control the intensity and pace of structural deleveraging.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.