Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
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
