Central Bank of China promises to intensify support for the economy – ISTOà‰ DINHEIRO – Pledge Times

Pedestrians walk in front of the People’s Bank of China in Beijing BEIJING (Reuters) – China’s central bank said on Monday it would step up support for the slowing economy, while keeping a close eye on domestic inflation and monitoring monetary policy adjustments in developed economies. The People’s Bank of China will maintain reasonably ample liquidity, prioritize stability and take confidence-building measures, the bank said in its first-quarter monetary policy implementation report. "Recently, Covid-19 and the Ukraine crisis have led to greater risks and challenges, and the complexity, severity and uncertainty of China’s economic development environment has increased," the central…