Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Australia Bans Card Payment Surcharges Starting October 2025 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
China's monetary aggregate for October releases indicates that recent easing measures are not yet increase borrowing. New CNY loans, a component of aggregate financing, reduced from CNY 1.05tn in September to CNY513bn.
Aggregate financing, the broadest measure of new credit growth, inched down to CNY 477bn in October from CNY1.3tn in September. This figure reached to a one year low, and below market's expectation for CNY 1.05tn.
The fall in new CNY loans shows a tightening in banks' credit lines to traditional industries. Therefore, the continual slowdown in the manufacturing sector need to be strengthen.
"We see monetary levers having a limited impact in reviving momentum within the real economy. Against this backdrop, the authorities are likely to step up with further fiscal support to stimulate demand", says Commerzbank.
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
Effect of PBoC's monetary policy easing soften
Friday, November 13, 2015 8:52 AM UTC
Editor's Picks
- Market Data
Most Popular
