People's Bank of China: We will continue to implement a moderately loose monetary policy, increase countercyclical adjustments, and strengthen adjustments across different cycles

BlockBeats News, March 31st. The People's Bank of China Monetary Policy Committee held its first quarter of 2026 (112th overall) meeting on March 26th. The meeting analyzed the domestic and international economic and financial situation, believing that the deepening impact of changes in the external environment, weak global economic momentum, frequent geopolitical and trade conflicts, differentiated economic performance of major economies, and uncertainty in inflation trends and monetary policy adjustments.

China's economy is generally stable, making progress while maintaining stability, achieving new results in high-quality development, but still facing issues and challenges such as strong supply and weak demand, external shocks, etc. It is necessary to continue to implement a moderately loose monetary policy, increase countercyclical and cross-cycle adjustment efforts, better leverage the dual functions of quantity and structure of monetary policy tools, strengthen monetary-fiscal policy coordination, promote stable economic growth, and a reasonable rise in prices.