[Industry News]: Central Bank: Will always maintain the prudence of monetary policy,#Study to appropriately narrow the width of the interest rate corridor #
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August 12, 2024, 11:27 AM [Central Bank: We will always maintain the prudence of monetary policy,#Study to moderately narrow the width of the interest rate corridor #] The People's Bank of China issued a document stating that in the next step, the People's Bank of China will always maintain the soundness of monetary policy, further improve the formation, regulation and transmission mechanism of market-oriented interest rates, enhance the authority of policy interest rates, and study to appropriately narrow the width of the interest rate corridor. Send clearer signal of interest rate regulation targets. At the same time, we will continue to reform and improve LPR, focus on improving the quality of LPR quotations, better play the role of interest rate self-discipline mechanism, maintain a rational and orderly competition order, smooth interest rate transmission channels, and create a good monetary and financial environment for economic recovery and high-quality development. (Interface)