PBOC Maintains Accommodative Monetary Policy Stance on July 8, Pledges Stronger Countercyclical Adjustment

According to Jin10, the People's Bank of China's Monetary Policy Committee held its second quarter 2026 meeting on July 8, maintaining an accommodative monetary policy stance and pledging to strengthen countercyclical and cross-cyclical adjustments. The committee aims to better leverage the quantitative and structural functions of monetary policy tools while enhancing coordination between monetary and fiscal policies to support stable economic growth and reasonable price recovery.
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