Apr
07

China’s Monetary Easing Is Starting to Hit Home

By

Zhou Xiaochuan, governor of the People’s Bank of China (PBOC).

Qilai Shen/Bloomberg

There’s increasing evidence the People’s Bank of China‘s year-and-a-half-long easing cycle is hitting the mark.

Exhibit one is Bloomberg’s Monetary Conditions index, which looks at changes in interest and exchange rates to give a sense of the overall tightness of policy. It shows the loosest conditions since late 2011…

China’s Monetary Easing Is Starting to Hit Home

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